The Regulations establish the Farming for the Generations Scheme (‘the Scheme’). The Scheme provides for grant payments to be made by the Department of Agriculture, Environment and Rural Affairs for the purposes of generational succession planning for farm businesses.

The Scheme–

• specifies the types of grants available (regulation 3);

• specifies the eligibility criteria for each grant (regulation 4);

• specifies the amounts of grant payments which may be made (regulations 5, 6 and 7);

• specifies the scheme period (regulation 8);

• provides for inspections (regulation 9);

• provides for the review of a decision to reject an application (regulation 10); and

• provides for the Department to withhold payment in any case where false or misleading information has been provided and to recover any undue payment (regulation 11).