Regulation 10 Maximum limits of financial assistance

(1)

Financial assistance in respect of each farm plan shall be limited in accordance with the provisions of paragraph (2) below.

(2)

(a)

Financial assistance under Part I of Schedule 1 shall not exceed £20,000, and within that figure—

(i)

assistance relative to tractors (item 8) shall not exceed £5,000; and

(ii)

the total management premium payable under that Part shall not exceed £3,750;

(b)

financial assistance under Part II of Schedule 1 shall not normally exceed £4,000;

(c)

financial assistance under Schedule 2 shall not exceed—

(i)

£7,500 for a 3 year plan; and

(ii)

£10,000 for a 5 year plan; and within those figures assistance under Part III of that Schedule shall not exceed £1,000;

(d)

financial assistance under Schedule 3 shall not exceed—

(i)

£18,000 in respect of item 1;

(ii)

£9,000 in respect of item 2; and

(iii)

£10,000 in respect of item 3.