OpenLegislation

Article 6 Aid for investments for innovative measures and technical assistance

United Kingdom

Original text. Later amendments are not shown.

1.

Aid for investments for innovative measures and technical assistance shall be compatible with the common market within the meaning of Article 87(3)(c) of the Treaty and shall be exempt from the notification requirement of Article 88(3) of the Treaty provided that:

(a)

the aid fulfils the conditions of Article 17 of Regulation (EC) No 2792/1999;

and

(b)

the amount of the aid does not exceed, in subsidy equivalent, the total rate of national and Community subsidies fixed by Annex IV to Regulation (EC) No 2792/1999 for such aid.

2.

Aid for investments for innovative measures and technical assistance shall be excluded from the scope of paragraph 1 if they relate to the usual operating expenditure of the beneficiary.