Dáil Éireann Debate, Wednesday - 18 April 2018
190. Deputy Peter Burke asked the Minister for Agriculture, Food and the Marine if there is a requirement when applying for a TAMS grant in relation to a TAMS approved machine (details supplied) that the balance of the cost must be financed through cash; if hire purchase or a pre-authorised loan can be considered as appropriate part finance when applying for a grant; and if he will make a statement on the matter. [16925/18]
Amharc ar fhreagraThe Terms and Conditions of the TAMS II Schemes are very specific in advising applicants that grant aid will not be paid in respect of new equipment or investments unless full ownership has been transferred to the applicant prior to the lodgement of the payment claim. Full ownership is defined as when the applicants themselves have fully paid for the investment from their bank account.
When an approval issues to an applicant for any new investment under the TAMS Schemes this approval is subject to the applicant adhering to the Terms and Conditions of the Scheme before any grant aid is paid.
There are no plans to change the Terms and Conditions of the TAMS Scheme in respect of the issue raised.
