PART 3Payments of grants and making of loans

Payments of grants and making of loans

4.—(1) The Scottish Ministers may, in accordance with this scheme, pay grants and make loans for any of the purposes listed in paragraph 1(1) of schedule 6 of the Fisheries Act 2020 to any person—

(a)who has applied for a grant or a loan, and

(b)whose application the Scottish Ministers have approved.

(2) The Scottish Ministers may only pay a grant or make a loan under paragraph (1)—

(a)in relation to Scotland or the Scottish zone, or

(b)in relation to Scottish fishing boats.