OpenLegislation

Article 23 Reporting by the undertakings

United Kingdom

Original text. Later amendments are not shown.

1.

Undertakings applying for restructuring aid shall inform the parties involved in the consultation process referred to in Article 1 of:

(a)

the decisions taken by the Member State in accordance with Articles 8, 9, 10 and 11;

(b)

what has actually been carried out each year under the approved restructuring plan.

2.

Undertakings receiving an aid under the restructuring fund shall submit an annual progress report to the competent authority of the Member State that granted the aid, no later than three months after the end of the marketing year during which the corresponding measures are carried out.

The report shall detail the actions or measures taken and expenses incurred during the preceding marketing year, comparing them to the actions or measures and expenses detailed in the restructuring plan or the business plan concerned.

No later than three months after the implementation of all of the actions and measures foreseen under the restructuring plan or the business plan concerned, the undertaking shall submit to the competent authority of the Member State a final report summarising these actions and measures and the expenses incurred.