# The State Aid (EU Exit) Regulations 2019, Paragraph 18: Article 16 (Regional urban development aid)


In Article 16—
(a) in paragraph 1, for “compatible with the internal market within the meaning of”, substitute “deemed to be approved under”;
(b) in paragraph 2(b), after “Investment Funds”, insert “or an equivalent fund set up on or after exit day that is accepted by the CMA as eligible to co-finance urban development projects for the purposes of this Article”;
(c) in paragraph 4, after “of the Council”, insert “or any eligible costs requirements included in the equivalent fund referred to in paragraph 2(b)”;
(d) in paragraph 8—
(i) in point (a)—
(aa) omit “Union and”;
(bb) after “incorporation in”, insert “the United Kingdom, any EFTA State or”;
(ii) in point (b), omit “Union and”;
(iii) in point (d), for “a Member State”, substitute “an aid grantor”;
(iv) in point (f), for “Member State”, substitute “aid grantor”;
(e) in paragraph 11, for “Member State”, substitute “aid grantor”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111178768/schedule/9/paragraph/18 (the official version)
Page: https://openlegislation.uk/draft-state-aid-eu-exit-regulations-2019/schedule-9/paragraph-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.