- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). UK Statutory Instruments are not carried in their revised form on this site.
(This note is not part of the Scheme)
This Scheme provides for grants to be made for decommissioning fishing vessels eligible in accordance with paragraph 2.
The Secretary of State will send out application forms to the owners of those eligible vessels, giving details of the scheme and the closing date (paragraph 3). Under that paragraph an applicant must complete the form and specify the amount of grant for which he is bidding.
Under paragraph 4, the Secretary of State must consider the applications, and, if there is enough money in the scheme, must pay the full amount to all applicants who have made valid applications. If there is not enough money in the scheme to do this he must rank the vessels in order of priority, and pay the full amount to the highest ranking vessels until the money in the scheme is exhausted.
The grants are not payable until the fishing licences have been surrendered and the vessels have been destroyed (paragraph 5).
A full regulatory impact assessment of the effect that this instrument will have on the costs of business and the voluntary sector is available at http://defraweb/fish/sea/fleet/index.htm.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: