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(1)In such cases, and subject to such conditions, as may from time to time be determined by the Minister or Ministers concerned with the making in any part of the United Kingdom' of any description of grants to which this section applies, the cost of any works, or the amount of any other cost or expenditure, shall, if the applicant for grant so elects, be taken for the purpose of determining the amount of the grant as such standard cost or amount as the Minister or Ministers in question may from time to time fix with the approval of the Treasury.
(2)The grants to which this section applies are as follows—
(a)grants under section 16 of the Agriculture Act 1937 or section 15 of the Agriculture (Miscellaneous War Provisions) Act 1940 (drainage and water supply);
(b)improvement grants under the Hill Farming and Live stock Rearing Acts 1946 to 1956;
(c)grants under section 1 of the Horticulture Act 1960 (horticultural improvements) or section 3 of the Agriculture and Horticulture Act 1964 (orchard clearing); and
(d)grants under section 30 (farm improvements), section 41 (hill land improvements) or section 61 (co-operative activities) of the Agriculture Act 1967.
(3)Section 1(4)(c) of the Agricultural Improvement Grants Act 1959 (which authorises standard cost regulations for the purposes of section 3 of the Pests Act 1954) shall cease to have effect.
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