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Division 1 General provisionsF1

United Kingdom Repealed

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The goal of the Debt Instrument shall be to contribute to overcoming deficiencies of the European debt capital markets by offering risk-sharing for debt financing. Debt financing shall be provided by entrusted entities or dedicated investment vehicles in the form of senior and subordinated debt or guarantees.

The Debt Instrument shall consist of a risk-sharing instrument for loans and guarantees and of the Project Bond Initiative. The project promoters may, in addition, seek equity financing under the Equity Instrument.

  1. aRisk-sharing instrument for loans and guarantees
  2. bProject Bond Initiative

Annotations

Textual amendments

F1

Regulation revoked (31.12.2020) by The Connecting Europe Facility (Revocation) (EU Exit) Regulations 2019 (S.I. 2019/477), reg. 1(2), Sch. (with reg. 3) (as amended by S.I. 2020/786, regs. 1(2)(b)(i), 5); 2020 c. 1, Sch. 5 para. 1(1)