Agricultural Block Exemption Regulation (ABER) Award - SA.53572
Following Section 20 of the Local Government in Scotland Act 2003, Scottish Local Authorities may provide aid for investments in connection with the processing of agricultural products and the marketing of agricultural products. This is in accordance with Article 17 of the Commission Regulation (EC) No. 702/2014 - the Regulation. This payment is made in full compliance with the conditions of this regulation.
The objective of the aid is to provide discretionary funding to Aberdeenshire Highland Cattle Ltd. (Company registered in Scotland no. SC507356). This is to diversify a farm business into the processing of agricultural products and the marketing of agricultural products, contributing to economic development of the South Aberdeenshire area and the implementation of the South Aberdeenshire Local Development Strategy.
Assistance provided under the scheme will be the minimum necessary to achieve this objective.
The aid covers the following eligible costs:
- the construction, acquisition, including leasing, or improvement of immovable property, with land only being eligible to an extent up to 10% of total eligible costs of the operation concerned
- the purchase or lease purchase of machinery and equipment up to the market value of the asset
- general costs linked to expenditure referred to above, such as architect, engineer and consultation fees, fees relating to advice on environmental and economic sustainability, including feasibility studies (feasibility studies shall remain eligible expenditure even where, based on their results, no expenditure under the above points is incurred)
- acquisition or development of computer software and acquisitions of patents, licences, copyrights, trademarks
The aid intensity shall not exceed 40% of the eligible costs.
The estimated budget of the award is up to £19,573.89 towards total costs of £49,341.05 (39.67%).
The date of the award is 6th March 2019.