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7.—(1) No grant shall be made in respect of a vessel unless the vessel was available for fishing on the last day of the relevant qualifying period.
(2) For the purposes of this paragraph “available for fishing” means
(a)being at sea fishing,
(b)being in port turning around,
(c)awaiting or undergoing repair or improvement with a view to a return to fishing immediately after completion of the repair or improvement,
(d)laid up temporarily for commercial reasons, but remaining in such a state that she may return to fishing immediately commercial considerations warrant a return to fishing.
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