Agricultural Products Processing and Marketing (Improvement Grant) Regulations 1977
These regulations apply throughout the United Kingdom and supplement Regulation (EEC) No. 355/77 of the Council on common measures to improve the conditions under which agricultural products are processed and marketed. The Council Regulation empowers the Commission (subject, in specified circumstances, to the decision of the Council) to grant to projects aid from the European Agricultural Guidance and Guarantee Fund conditional upon financial contribution by the Member States on the territory of which the projects are to be carried out. Article 6.1 of the Council Regulation in the English edition of the Official Journal defines “project” as:— any project involving public, semi-public or private material investment relating wholly or in part to buildings and/or equipment for: rationalizing or developing storage, market preparation, preservation, treatment or processing of agricultural products;improving marketing channels;better knowledge of the facts relating to prices and to their formation on the markets for agricultural products.