Paragraph 1
Where the holding or part of such holding in respect of which aid is to be granted is less-favoured land, the rate of such aid shall be calculated as follows:
(a) in respect of the conversion period, | £14 per hectare per year; and thereafter |
(b) the first year, | £10 per hectare; |
(c) the second year, | £7 per hectare; and |
(d) the third year, | £5 per hectare. |