7.—(1) Subject to paragraph 8, where the Secretary of State approves an application, the Secretary of State must pay to the authorised provider or the applicant a sum equal to the cost, agreed between the Secretary of State and the provider, of—
(a)the purchase of a satellite-tracking device from the authorised provider;
(b)the purchase of a three-year warranty for that device from the authorised provider; and
(c)the installation of that device by the authorised provider.
(2) The cost specified in sub-paragraph (1)(c) does not include any cost wholly or partly incurred in respect of the concealment of the satellite-tracking device, its associated cables and wires, or any other associated materials or equipment, for cosmetic purposes.
(3) But no payment in respect of an application is to be made unless the Secretary of State is satisfied that—
(a)a satellite-tracking device has been supplied and installed by the authorised provider on the boat in respect of which the application was made in accordance with procedures agreed by the Secretary of State with that provider;
(b)the device functions correctly so as to enable compliance with the requirements of the Control Regulation and the Implementing Regulation relating to the vessel monitoring system; and
(c)any conditions attached to the approval of the application under paragraph 6(5)(a) or (6) which were required to be satisfied before payment could be made have been satisfied.