The Fisheries and Aquaculture Structures (Grants) Regulations 1995

Amount of grant

7.—(1) Subject to paragraphs (2) and (3) below, the amount of grant which an applicant who is eligible for payment of grant under paragraph 6 shall be paid shall be at least five per cent of the eligible expenditure in respect of the application.

(2) Where any other grant is payable under United Kingdom public funds in relation to the eligible expenditure, the amount of grant shall be such sum which, when added to that grant, equals at least five per cent of such expenditure.

(3) No grant shall be payable in respect of—

(a)any application made by the Sea Fish Industry Authority(1) for approval of an investment or project for the promotion of fisheries products;

(b)any application for approval of an investment or project in that part of Scotland known as the Highlands and Islands Enterprise area falling within paragraph (b)(ii) of the definition of relevant operation provided in regulation 2(1).