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The Organic Farming Scheme (Wales) Regulations 2001

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Financial limits

8.—(1) If, in view of the total number of applications already accepted or received, the National Assembly is at any time of the opinion that the financial resources which are available for payment of aid under these Regulations during any financial year are insufficient to satisfy any further payment during that financial year, it may suspend further consideration of any application received at the date of its decision but not yet accepted, or any application it may receive after the date of its decision but before the date of publication of a notice in the London Gazette in accordance with paragraph (4), until the the next financial year.

(2) No application shall be made between the date of publication in the London Gazette in accordance with paragraph (4) of a notice that the operation of the scheme has been suspended pursuant to paragraph (1), and the decision to re-open the scheme pursuant to paragraph (3) below.

(3) If the operation of the scheme has been suspended under paragraph (1) above, the National Assembly must decide the date in the following financial year on which the suspension is removed.

(4) Notice of a decision by the National Assembly under paragraph (1) or (3) shall be published in the London Gazette.

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