# Commission Regulation (EC) No 340/2008 of 16 April 2008 on the fees and charges payable to the European Chemicals Agency pursuant to Regulation (EC) No 1907/2006 of the European Parliament and of the Council on the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) (Text with EEA relevance), Article 2: Definitions

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

For the purposes of this Regulation:
1.. ‘SME’ means a micro, small or medium-sized enterprise within the meaning of Recommendation 2003/361/EC;
2.. ‘medium enterprise’ means a medium-sized enterprise within the meaning of Recommendation 2003/361/EC;
3.. ‘small enterprise’ means a small enterprise within the meaning of Recommendation 2003/361/EC;
4.. ‘micro enterprise’ means a micro enterprise within the meaning of Recommendation 2003/361/EC.
In the application of Recommendation 2003/361/EC for the purposes of this Regulation, the Annex to that Recommendation has effect with the following modifications:
(a) in Article 2(1)—
(i) the reference to EUR 50 million has effect as a reference to £43.650 million;
(ii) the reference to EUR 43 million has effect as a reference to £37.539 million;
(b) in Article 2(2) the reference to EUR 10 million has effect as a reference to £8.730 million;
(c) in Article 2(3) the reference to EUR 2 million has effect as a reference to £1.746 million;
(d) in Article 3(2)—
(i) in point (a), the reference to EUR 1,250,000 has effect as a reference to £1,091,250;
(ii) in point (d), the reference to EUR 10 million has effect as a reference to £8.730 million.

---
Source: https://www.legislation.gov.uk/eur/2008/340/article/2 (the official version)
Page: https://openlegislation.uk/eu-regulation-2008-340/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.