Common use of Public Aid Clause in Contracts

Public Aid. 1. In so far as it may affect trade between the Community and South Africa, public aid favouring certain firms or the production of certain goods, which distorts or threatens to distort competition, and which does not support a specific public policy objective or objectives of either Party, is incompatible with the proper functioning of this Agreement.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

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Public Aid. 1. In so far as it may affect trade between the Community and South Africa, public aid favouring certain firms or the production of certain goods, which distorts or threatens to distort competition, and which does not support a specific public policy objective or objectives of either Party, is incompatible with the proper functioning of this Agreement. 2. The Parties agree that it is in their interests to ensure that public aid is granted in a fair, equitable and transparent manner.

Appears in 2 contracts

Samples: Article Article, Article Article

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Public Aid. 1. In so far as it may affect trade between the Community and South Africa, public aid favouring certain firms or the production of certain goods, which distorts or threatens to distort competition, and which does not support a specific public policy objective or objectives of either Party, is incompatible with the proper functioning of this AgreementAgree- ment.

Appears in 1 contract

Samples: Agreement

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