The Sea Fishing (Transitional Support) (Scotland) (No. 2) Scheme 2003

Interpretation

2.  In this Scheme–

“application” means an application for grant under this Scheme and “applicant” shall be construed accordingly;

“the appropriate closing date” means such date as the Scottish Ministers may from time to time determine;

“approval” means approval granted under paragraph 6 of this Scheme;

“authorised officer” means any officer authorised in writing by the Scottish Ministers for the purposes of this Scheme;

“LIBOR”, in relation to any particular day of the month, means the rate of interest per centum notified by the Bank of England on the first working day of the month, rounded if necessary to two decimal places;

“registered vessel” means a vessel which is registered in the register established under section 8 of the Merchant Shipping Act 1995(1);

“relevant conditions” means any conditions relating to the approval of an application which have been notified to the applicant under paragraph 6(4)(b);

“Scotland” and “the Scottish zone” have the same meaning as in section 126(1) of the Scotland Act 1998(2);

“Scottish based vessel” means a vessel the port of administration of which is, throughout the period from 1st January 2003 until the date of the application relating to the vessel, both dates inclusive, a port in Scotland.

(1)

1995 c. 21.

(2)

1998 c. 46.