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Section 6 Application for grant

Original text. Later amendments are not shown.

(1)

In considering whether or not to approve an application for the payment of a grant under this Scheme, the Ministers—

(a)

shall have regard to the needs and interests of the sea fish industry or to that section thereof to which the application relates, but

(b)

shall not approve the application so far as it relates to any proportion, or item, of expenditure which in their opinion is unnecessary or unwarranted having regard to the benefit likely to be derived from the expenditure in respect of which the application is made.

(2)

No grant shall be paid under this Scheme unless—

(a)

the application for the payment of the grant has been approved by the Ministers before 1st January 1997; and

(b)

the conditions set out in paragraph 8 have been complied with.