Examples of De Minimis Regulations in a sentence
The De Minimis Regulations allow an undertaking to currently receive up to €200,000 of De Minimis aid in a three year period (consisting of the current financial year and the two previous financial years).
Note that the threshold only relates to aid provided under the De Minimis Regulations (aid under other exemptions or outside the scope of State Aid is not relevant to the De Minimis calculation).
However aid under the English Property Development State Aid Scheme may not be cumulated with any State Aid exemption (for example another measure under GBER or the De Minimis Regulations 1998/2006) where the funding covers the same eligible costs and the effect is to exceed the applicable maximum aid intensity or aid amount allowable.
Before applicants receive any grant they will need to provide the Combined Authority with a formal written State Aid opinion from a solicitor, regulated in England and Wales who specialises in the EU State Aid rules, confirming in detail how the project complies with the EU State Aid rules, or a declaration to show that the grant is compatible State Aid as it is to be provided as De Minimis aid in compliance with the De Minimis Regulations.
However Retail Relief will be State Aid compliant where it is provided in accordance with the De Minimis Regulations (1407/2013).
In this case, this involves returning the attached declaration to this authority if you have received any other De Minimis State Aid, including any other discretionary rate relief you are being granted for premises other than the one to which this letter relates, and confirming that the award of discretionary rate relief does not exceed the €200,000 an undertaking can receive under the De Minimis Regulations EC 1407/2013.
The De Minimis Regulations are currently subject to review and it is expected that the amended De Minimis Regulations will enter into force before 1 January 2024.
Under De Minimis Regulations 1407/2013 both operating and/or capital costs are eligible.
The De Minimis Regulations allow an undertaking to receive up to €200,000 of De Minimis aid in a three-year period (consisting of the current financial year and the two previous financial years).
The De Minimis Regulations allow an undertaking to receive up to €200,000 of De Minimis aid in a three year period (consisting of the current financial year and the two previous financial years).