# Commission Delegated Regulation (EU) 2019/819 of 1 February 2019 supplementing Regulation (EU) No 346/2013 of the European Parliament and of the Council with regard to conflicts of interest, social impact measurement and information to investors in the area of European social entrepreneurship funds (Text with EEA relevance), Article 7: Procedures to measure positive social impact

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

1. Managers of qualifying social entrepreneurship funds shall ensure that the procedures referred to in Article 10(1) of Regulation (EU) No 346/2013 contain at least the following:
(a) an evaluation of resources used by the qualifying portfolio undertakings;
(b) an evaluation of products and services made available by the qualifying portfolio undertakings;
(c) an evaluation of outcomes attributable to the activities of the qualifying portfolio undertakings.
For the purposes of point (c) of the first subparagraph, outcomes which would have happened anyway and outcomes attributable to third parties shall not be attributable to the activities of the qualifying portfolio undertakings.
2. Evidence supporting the evaluations referred to in paragraph 1 shall be subject to audit in accordance with Article 13(3) of Regulation (EU) No 346/2013.

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Source: https://www.legislation.gov.uk/eur/2019/819/article/7 (the official version)
Page: https://openlegislation.uk/eu-regulation-2019-819/article-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.