3.—(1) The National Assembly may, where it is satisfied that an operation complies with the requirements of the Community legislation, pay to an eligible farming business, a grant, known as a Farm Enterprise Grant, towards approved expenditure incurred by that business in connection with the operation.
(2) Subject to paragraph (3), and to regulation 6 and regulation 7, the amount of grant payable under paragraph (1) shall not exceed 35% of approved expenditure.
(3) The minimum amount of grant payable under paragraph (1) in respect of any application for financial support shall be £525.
Commencement Information
I1Reg. 3 in force at 30.11.2001, see reg. 1(1)