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The Tir Cynnal (Wales) Regulations 2006
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- Wales Statutory Instruments
- 2006 No. 41 (W. 7)
- Regulation 8
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Financial Limits
8. If, in the view of the total number of applications for grant already approved or received, the National Assembly is at any time of the opinion that the financial resources which are available for payment of grant under the Tir Cynnnal scheme during any period are insufficient to satisfy any payment during the period which would result from the approval of any further application, it may, in respect of any application received at the date of its decision but not yet accepted, or any application it may receive during the relevant period—
(a)suspend further consideration of any such application until such time as may be subsequently be specified by it: or
(b)reject any such application without further consideration
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