The Fishing Vessels (Acquisition and Improvement) (Grants) (Amendment) Scheme 1990

Amendment of the principal Scheme

4.  In paragraph 2(1) thereof (interpretation)—

(a) there shall be substituted for the definition of “the control period” the following definition—

• ““the control period” means—

  (a)

  in the case of a grant under paragraph 3(1)(a)(i) of this Scheme, a period of 10 years commencing with the date on which the vessel was first registered in the United Kingdom;

  (b)

  in the case of a grant under paragraph 3(1)(a)(ii) of this Scheme, a period of 5 years commencing with the date on which the improvement was completed to the satisfaction of the Ministers;

  (c)

  in the case of a grant under paragraph 3(1)(b) of this Scheme, a period of 3 years commencing with the date on which the improvement was completed to the satisfaction of the Ministers;”;

(b) there shall be inserted after that definition the following definition—

““the Council Regulation” means Council Regulation (EEC) No. 4028/86 on Community measures to improve and adapt structures in the fisheries and aquaculture sector(1);”;

(c) there shall be substituted for the definition of “improvement” the following definition—

• ““improvement”, in relation to a vessel, means the acquisition, installation, modification, renewal or replacement of any part of the vessel, or of an engine or any part of an engine of or for the vessel, or of any relevant equipment required for, or installed or used on, the vessel;”.

(1)

OJ No. L376, 31.12.86, p.7.