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Grants to improve processing and marketing of agricultural products

3.—(1) The Department may pay financial support to a beneficiary towards approved expenditure incurred in connection with an operation.

(2) The amount of any such financial support shall be 40 per cent of the approved expenditure or, if any other grant is payable from public funds in relation to the same approved expenditure, such other amount as, when added to that other grant, would make up 40 per cent of the approved expenditure.

(3) The maximum financial support payable under this regulation in respect of any operation shall be £572,000.