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Article 8a Co-investment FacilityF1

United Kingdom

Original text. Later amendments are not shown.

1.

The Co-investment Facility shall take the form of an equity fund managed by a financial intermediary investing contributions from the F2European Structural and Investment Funds (ESIF) programme into F3small and medium-sized enterprises (SMEs)businesses. The Co-investment Facility shall attract additional F4investments in SMEsinvestments in businesses through a partnership approach with private co-investors on a deal by deal basis.

2.

F5The Co-investment Facility shall comply with the terms and conditions set out in Annex V.

Annotations

Textual amendments

F1

Inserted by Commission Implementing Regulation (EU) 2016/1157 of 11 July 2016 amending Implementing Regulation (EU) No 964/2014 as regards standard terms and conditions for financial instruments for a co-investment facility and for an urban development fund.

F2

Words in Art. 8a omitted for specified purposes (31.12.2020) by virtue of The European Structural and Investment Funds Common Provisions Rules etc. (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/783), regs. 1, 7(5); 2020 c. 1, Sch. 5 para. 1(1)

F3

Word in Art. 8a(1) substituted (W.) (26.3.2021 in so far as it relates to domestic support for rural development) by The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 12(9)(a)(i)

F4

Words in Art. 8a(1) substituted (W.) (26.3.2021 in so far as it relates to domestic support for rural development) by The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 12(9)(a)(ii)

F5

Art. 8a(2) omitted (W.) (26.3.2021 in so far as it relates to domestic support for rural development) by virtue of The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 12(9)(b)