Section 1 Grants in relation to fishing vessels.

(1)

Subject to the provisions of this Act, the Ministry of Agriculture may, in accordance with a scheme made by that Ministry with the approval of the Ministry of Finance, make out of moneys provided by Parliament to any person carrying on or proposing to carry on a business in the fishing industry in Northern Ireland a grant towards so much of the expenditure incurred by that person—

(a)

in providing a fishing vessel; or

(b)

in providing an engine for a fishing vessel; or

(c)

in improving a sea fishing vessel;

for use for the purposes of that business as may be approved by the Ministry of Agriculture in pursuance of the scheme.

(2)

[F1 Subject to subsection (2A),] no grant shall be made in pursuance of a scheme under this Act in respect of expenditure incurred in providing any vessel, engine, part, equipment or apparatus which appears to the Ministry of Agriculture to be second-hand.

[F2 (2A) A grant may be made in pursuance of a scheme under this Act in respect of that part of the expenditure (approved as mentioned in subsection (1)), incurred in providing a second-hand vessel, which is attributable to any liability to repay—
1. (a)
  a grant under this Act or any other statutory provision; or
2. (b)
  a grant under the law of any other part of the United Kingdom;
in respect of the vessel or any engine, part, equipment or apparatus therein.]

(3)

A schemeF3 made under this Act—

(a)

may provide for—

(i)

repayment of grant in specified circumstances;

(ii)

the imposition of penalties in respect of contraventions of provisions of the scheme;

Para.(b) rep. by 1979 NI 12

(c)

shall be subject to affirmative resolution.

Annotations

Textual amendments

F1: 1972 c.4 (NI)
F2: 1972 c.4 (NI)
F3: 1979 NI 12

Notes on the whole Act

Textual amendments

F1: Certain functions transf. by SR 1999/481