OpenLegislation

Paragraph 8 Information under the SGEI decision

Original text. Later amendments are not shown.

(1)

If an aid grantor grants aid that is exempt from the notification requirement in Article 108(3) of the TFEU by virtue of the SGEI decision, the aid grantor must keep available all the information necessary to determine whether the compensation granted is compatible with the SGEI decision.

(2)

An aid grantor must keep the information during the period of entrustment and for at least 10 years from the end of the period of entrustment.

(3)

The CMA may request an aid grantor to send, within a set period, any information that the CMA considers necessary to monitor compliance with the conditions of the SGEI decision.

(4)

If the CMA makes a request under sub-paragraph (3), the aid grantor must send the requested information to the CMA within the set period.

(5)

The CMA may take into account any information provided, or a failure to comply with a request, for the purpose of taking any relevant decision under Part 3 or 4 of these Regulations.