Power to enter into agreements4
1
The Secretary of State may enter into an agreement with an applicant where—
a
the Secretary of State is of the opinion that the carrying out by the applicant of any activity in relation to land which is the subject of the application would be conducive to either of the specified purposes; and
b
the points target relating to that land, calculated in accordance with regulation 5, is met or exceeded.
2
For the purposes of paragraph (1), “agreement” means an agreement which remains in force for a specified period, provides for the activity in question to be carried out in relation to land which is the subject of the agreement and requires the Secretary of State to make a grant to the beneficiary in respect of the carrying out of that activity on the land.
3
Any agreement entered into under paragraph (1) shall be for a period of no more than 5 years.