# Commission Directive 2006/111/EC of 16 November 2006 on the transparency of financial relations between Member States and public undertakings as well as on financial transparency within certain undertakings (Text with EEA relevance) (Codified version), Article 3

Extent: E+W+S+N.I.

The transparency referred to in Article 1(1) shall apply in particular to the following aspects of financial relations between public authorities and public undertakings:
(a) the setting-off of operating losses;
(b) the provision of capital;
(c) non-refundable grants, or loans on privileged terms;
(d) the granting of financial advantages by forgoing profits or the recovery of sums due;
(e) the forgoing of a normal return on public funds used;
(f) compensation for financial burdens imposed by the public authorities.

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Source: https://www.legislation.gov.uk/eudr/2006/111/article/3 (the official version)
Page: https://openlegislation.uk/eu-directive-2006-111/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.