2Grants for purposes connected with co-operative activities.

1

Subject to subsection (3), the Ministry may in accordance with a scheme make, to any body of persons carrying on or proposing to carry on a co-operative enterprise in the fishing industry, a grant towards the approved expenditure incurred by that body for the purposes of that enterprise and, in particular,—

a

for the purpose of—

i

providing any buildings, or

ii

providing any vehicle constructed or adapted for the conveyance or haulage of loads in or about private premises,

for use in connection with that enterprise; or

b

for the purpose of—

i

the administration of the enterprise, including the provision of training for persons in connection with such administration; or

ii

making arrangements for the marketing of fish or fish products on behalf of persons participating in the enterprise.

2

For the purposes of this section, a co-operative enterprise in the fish industry means an enterprise for the carrying out of proposals designed to organise, promote, encourage, develop or co-ordinate any form of co-operation in the fishing industry, including co-operation and mutual assistance in production, storage, preparation for market (including processing), marketing, transport, the provision of buildings, equipment and services for fishermen, research and other incidental activities.

3

No grants shall be made in pursuance of a scheme under this section to any body in connection with any enterprise if the body is F1not a registered society within the meaning of the Co-operative and Community Benefit Societies Act (Northern Ireland) 1969 at the time when the grant would, but for this subsection, become payable.