# The Fishing Vessels (Decommissioning) Scheme 1997, Section 12: Method of payment


(1) Payments by way of grant may be made by the Ministers at such time, or by such instalments at such intervals or times, as they may determine.
(2) The Ministers may decline to make payment of grant to any person other than:
(a) the applicant;
(b) a bank or building society nominated by the applicant;
(c) a person to whom the applicant has assigned the grant.

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Source: https://www.legislation.gov.uk/uksi/1997/1924/section/12 (the official version)
Page: https://openlegislation.uk/fishing-vessels-decommissioning-scheme-1997/section-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.