Agricultural Business Development Scheme (Scotland) Regulations 2000 (S.S.I. No. 448 of 2000). Country/Territory United Kingdom Territorial subdivision Scotland Document type Regulation Date 2000 Source FAO, FAOLEX Subject Agricultural & rural development Keyword Agricultural development Less favoured areas Subsidy/incentive Agricultural land Geographical area Atlantic Ocean Islands, Europe, Europe and Central Asia, North Atlantic, North Sea, North-East Atlantic, Northern Europe Entry into force notes These Regulations come into force on 29 January 2001. Abstract Council Regulation (EC) No 1257/1999, Council Regulation (EC) No 1260/1999, and Commission Regulation (EC) No 1750/1999 provide for payment of assistance from the Guidance Section of the European Agricultural Guidance and Guarantee Fund for measures which promote rural development falling within the scope of Council Regulation 1257/1999. In addition to these measures, these Regulations set up the Agricultural Business Development Scheme and enable the payment of financial assistance under the Single Programming Document for the Highlands and Islands Special Transitional Programme which, in accordance with Council Regulation 1260/1999, was approved by the European Commission on 8th August 2000. Financial assistance under the Regulations can be provided for measures which are listed in Parts I, II and III of the Schedule. These measures relate to re-structuring of agricultural businesses or re-orientation of their production, diversification of farm incomes by creating new or improving existing agricultural activities and diversification outwith agricultural activities to provide alternative sources of income. Any of these measures can also be undertaken as collaborative ventures. The Scottish Ministers may require an eligible person who wishes to benefit from financial assistance to prepare a business plan for the agricultural business for their approval (reg. 4). Eligible persons can submit more than one application for assistance under the Scheme. Applications can be made for collaborative ventures involving three or more eligible businesses (reg. 5). Full text English Website www.opsi.gov.uk References - Legislation Amended by Agricultural Business Development Scheme (Scotland) Amendment Regulations 2004 (S.S.I. No. 267 of 2004). Legislation | United Kingdom | 2004 Keyword: Agricultural development, Less favoured areas, Subsidy/incentive, Agricultural land, Family farming, Farming Source: FAO, FAOLEX