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The Farm Enterprise Grant and Farm Improvement Grant (Wales) Regulations 2001

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This is the original version (as it was originally made).

Farm Enterprise Grant

3.—(1) The National Assembly may, where it is satisfied that an operation complies with the requirements of the Community legislation, pay to an eligible farming business, a grant, known as a Farm Enterprise Grant, towards approved expenditure incurred by that business in connection with the operation.

(2) Subject to paragraph (3), and to regulation 6 and regulation 7, the amount of grant payable under paragraph (1) shall not exceed 35% of approved expenditure.

(3) The minimum amount of grant payable under paragraph (1) in respect of any application for financial support shall be £525.

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