Examples of De Minimis Aid Exemption in a sentence
Unless otherwise notified by the Fund when utilising Fund funding to fund Relevant Aid to a Relevant Enterprise under the Project (whether directly by BVSC itself or by funding the Relevant Enterprise in question to do so) BVSC shall ensure that such aid is provided as “de minimis aid” in accordance with the De Minimis Aid Exemption.
I/ We recognise that the assistance, grants and other benefits (as relevant) funded by the Greater London Authority and being provided under the above Project involves the provision of assistance that under European Union rules is characterised as “De Minimis Aid1” within the meaning of the European Commission’s De Minimis Aid Exemption Regulation (EC Regulation 1998/20062).