The Dairy Equipment Scheme forms one part of a suite of new on-farm investment schemes which are being introduced under the TAMS II heading, as part of the new Rural Development Programme. In this regard, I am pleased to announce that the TAMS II Young Farmer Capital Investment Scheme is being launched today, and that the Terms and Conditions of the scheme will be available on my Department’s website from Monday the 18th of May. The Dairy Equipment Scheme will be the next one to be launched, and I will make an announcement on that shortly.
A tranche system for applications will be put in place for each scheme, with each tranche open for about three months. There will be successive tranches introduced for each scheme and farmers will have three years to complete the investment works concerned.