OpenLegislation

Article 1

United Kingdom

Original text. Later amendments are not shown.

Regulation (EC) No 1943/2003 is hereby amended as follows:

  1. 1..

    Article 4 is amended as follows:

    1. (a)

      The title is replaced by the following:

      ‘Aid for investments required for recognition’

      Article 4
    2. (b)

      The first subparagraph of paragraph 1 is replaced by the following:

      ‘To cover part of the cost of investments linked to implementation of the measures in recognition plans described in Article 16 of Regulation (EC) No 1432/2003, aid as provided for in Article 14(2)(b) of Regulation (EC) No 2200/96 shall be granted:

      1. (a)

        directly, in capital or

      2. (b)

        indirectly, through credit institutions, in the form of special loans.’

  2. 2..

    The first subparagraph of Article 8(2) is replaced by the following:

    ‘The Community contribution towards aid as referred to in Article 4, expressed in terms of a capital grant or capital-grant equivalent, shall not exceed, as a percentage of eligible investment costs as referred to in Article 4:

    • 50 % in Objective 1 and 2 regions as referred to in Article 1 of Regulation (EC) No 1260/1999,

    • 30 % in other regions.’