The Financial Assistance Scheme Regulations 2005 No. 1986

SCHEDULE 2 DETERMINATION OF ANNUAL AND INITIAL PAYMENTS

De minimis rule

8.  Where the amount of an annual payment determined in accordance with the previous provisions of this Schedule would, but for this paragraph—

(a) in the case of paragraphs 3 and 4, be less than £520;

(b) in the case of paragraph 5, be less than £260,

the amount of that payment shall be nil.