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Article 7 Necessity for the aid

United Kingdom

Original text. Later amendments are not shown.

1.

This Regulation shall only exempt aid under Article 4 if before the employment concerned is created:

(a)

either an application for aid has been submitted to the Member State by the beneficiary; or

(b)

the Member State has adopted legal provisions establishing a legal right to aid according to objective criteria and without further exercise of discretion by the Member State.

2.

Aid shall enjoy exemption under Article 4 in cases where:

(a)

the employment created is linked to the carrying-out of a project of investment in tangible or intangible assets; and

(b)

the employment is created within three years of the investment's completion,

only if the application referred in paragraph 1(a), or the adoption referred to in paragraph 1(b), takes place before work on the project is started.