(This note is not part of the Scheme)
This Scheme makes provision for funding satellite-tracking devices on fishing boats which are administered in Wales and which are required on board fishing boats over 15 metres as a result of Commission Regulation (EC) No. 2244/2003 laying down detailed provisions regarding satellite-based Vessel Monitoring Systems. Paragraph 3 sets out the eligibility criteria for the Scheme and paragraph 4 gives details of the method of applying for funding under the Scheme. Paragraph 5 deals with the approval of such applications. Paragraph 6 makes provision for the payment under the Scheme and also sets out the circumstances in which payments will not be made to successful applicants. Paragraph 8 sets out the powers of an authorised officer and paragraph 7 requires any applicant or any employee of any applicant to assist an authorised officer. Paragraph 9 deals with the revocation of approval of an application and sets out the conditions and consequences of revocation and paragraph 10 deals with rates of interest where sums are recovered.