Reductions in Grant
7. If any other grant is payable from public funds in relation to the approved expenditure, the amount of grant payable shall be such amount which, when added to that other grant, would lead to a value of,
(a)in respect of sums payable under regulation 3, 35 per cent, (or in the case of relevant businesses, 45 per cent), of the approved expenditure, or
(b)in respect of sums payable under regulation 4, 30 per cent, (or in the case of relevant businesses, 40 per cent), of approved expenditure.