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2Grants for purposes connected with co-operative activities.N.I.

(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.