Regulation 3(3)
1. Where the holding or part of such holding in respect of which aid is to be granted is less-favoured land, the rate of such aid shall be calculated as follows:
(a)in respect of the conversion period, | £14 per hectare per year; and thereafter |
(b)the first year, | £10 per hectare; |
(c)the second year, | £7 per hectare; and |
(d)the third year, | £5 per hectare. |
2. Where the holding or part of such holding in respect of which aid is to be granted is not less-favoured land, the rate of such aid shall be calculated as follows:
(a)in respect of the conversion period, | £70 per hectare per year; and thereafter |
(b)the first year, | £50 per hectare; |
(c)the second year, | £35 per hectare; and |
(d)the third year, | £25 per hectare. |
3. Subject to paragraph 4 below and in addition to the amounts specified in paragraphs 1and 2 above, an additional amount calculated at the rate of £30 per hectare shall also be payable.
4. No payment under paragraph 3 above shall be made for more than five hectares.