Interpretation2.
(1)
In this Scheme–
“the Act” means the Fisheries Act 1981;
“application” means an application for grant under this Scheme and “applicant” shall be construed accordingly;
“the appropriate closing date” has the meaning assigned to it in paragraph 4(3);
“the appropriate decommissioning date” has the meaning assigned to it in paragraph 7(4);
“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;
“the Commission” means the Commission of the F1European Union;
“the Community waters” means the sea falling under the sovereignty or within the jurisdiction of the member States;
“day” means all or any part of a period of 24 consecutive hours beginning at midnight;
“decommissioning” has the meaning assigned to it in paragraph 8(4) and “decommission”, “decommissioned” and “decommissioning grant” shall be construed accordingly;
F2“TFEU” means the Treaty on the Functioning of the European Union;
“fishing trips” means time spent by a vessel–
(a)
steaming between port and fishing ground and between one fishing ground and another; or
(b)
engaged in fishing for profit,
and for this purpose “fishing for profit” means fishing with a view to securing a financial return deriving from sale of the sea fish landed;
“grant” means decommissioning grant under 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;
“member” in the expression “member State”, refers to membership of the F1European Union;
“the relevant amount” means such amount as the Scottish Ministers may from time to time determine;
“relevant conditions” means any conditions relating to the approval of an application which have been notified to the applicant under paragraph 6(4)(b);
(2)
Any reference in this Scheme to a numbered paragraph shall be construed as a reference to the paragraph so numbered in this Scheme.