PART 2SUPPORT FOR AGRICULTURE ETC.
CHAPTER 3INTERVENTION IN AGRICULTURAL MARKETS
I1I222Exceptional market conditions: powers available to Welsh Ministers
1
This section applies during the period for which an exceptional market conditions declaration has effect.
2
The Welsh Ministers may provide, or agree to provide, financial support to agricultural producers in Wales whose incomes have been, are being, or are likely to be, adversely affected by the exceptional market conditions described in the declaration.
3
Nothing in this section affects any other powers that are available to the Welsh Ministers (including under retained direct EU legislation) to provide financial support to agricultural producers.
4
Financial support under subsection (2) may be provided by way of grant, loan or guarantee or in any other form.
5
The financial support may be provided subject to such conditions as the Welsh Ministers consider appropriate.
6
The conditions may (among other things) include provision for financial support to be repaid or otherwise made good (with or without interest).
7
Nothing in subsection (1) or (2) prevents the Welsh Ministers from providing, or agreeing to provide, financial support under subsection (2) after the end of the period for which an exceptional market conditions declaration has effect, but in response to an application made during that period.