Explanatory Memorandum to The Financial Assistance for Young Farmers (Northern Ireland) Order 2004 Explanatory Memorandum

Commentary on Provisions

18.The Order contains 3 Articles.

  • Article 1 sets out the title of the Order and states that the Order will come into operation one month after the date on which it is made.

  • Article 2 provides an interpretation of some terms used in the order.

  • Article 3 sets out the Departments’ powers to make a scheme providing for the making of grants.

Article 3 states that the Department may make an Order providing for financial assistance, namely grants towards eligible expenditure (including servicing a loan), to be given if expenditure has been incurred in connection with an agricultural business and has been approved by the Department.  This Article also outlines basic eligibility criteria for applicants (i.e. that applicants must be under 40) and allows the scheme to make provision for specific matters such as the application process and the procedure for checking and monitoring applications.

Article 3 also makes provision for:

  • claw-back procedures; and

  • the protocol to be followed if applications are refused or revoked.

Article 3 states that the order containing the scheme would be subject to negative resolution procedure.

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