{
  "url": "https://openlegislation.uk/pig-industry-restructuring-capital-grant-scheme-2001/section-3",
  "json_url": "https://openlegislation.uk/pig-industry-restructuring-capital-grant-scheme-2001/section-3.json",
  "legislation": "uksi/2001/251",
  "legislation_title": "The Pig Industry Restructuring (Capital Grant) Scheme 2001",
  "legislation_url": "https://openlegislation.uk/pig-industry-restructuring-capital-grant-scheme-2001",
  "path": "section/3",
  "kind": "section",
  "number": "3",
  "heading": "Payment and amounts of grants",
  "text": "(1) Subject to the following provisions of this Scheme, the Minister may make to any eligible person a grant towards expenditure incurred in servicing the relevant part of a qualifying loan.\n(2) For the purposes of this Scheme a qualifying loan is a loan which has been, or is to be, obtained from a bank for the purpose of implementing a business plan for the restructuring of a pig production business, and the relevant part of a qualifying loan is that part of the loan which—\n(a) has been or is to be obtained for the purposes of, or in connection with, the carrying on of a pig production business;\n(b) appears to the Minister to be of a capital nature or incurred in connection with expenditure of a capital nature; and\n(c) is approved by the Minister for the purposes of a grant under this Scheme.\n(3) Where a loan has been obtained partly for the purposes of or in connection with the restructuring of a pig production business and partly for other purposes, the Minister may for the purposes of a grant under this paragraph treat as a qualifying loan so much of that loan as appears to him to be referable to that restructuring.\n(4) The Minister may make the payment of grant under sub-paragraph (1) above subject to such conditions as he may reasonably determine.\n(5) No grant under this Scheme when coupled with any payment made under the Non-Capital Grant Scheme shall exceed 5% of the qualifying loan (excluding accrued interest).",
  "extent": "E+W+S+NI",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2001/251/section/3",
    "retrieved_at": "2026-10-29T08:05:54.073123+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}