SUBSIDY CONTROL Sample Clauses

SUBSIDY CONTROL. 29.1 The Provider should satisfy itself, if the Subsidy Control Rules apply to the Funding received in relation to the Services delivered under this Agreement. Guidance on this can be found at Complying with the UK’s international obligations on subsidy control: guidance for public authorities - XXX.XX (xxx.xxx.xx).
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SUBSIDY CONTROL. 33.1 The Contractor should satisfy itself, if the Subsidy Control Rules apply to the Funding received in relation to the Services delivered under this Contract. Guidance on this can be found at Complying with the UK’s international obligations on subsidy control: guidance for public authorities - XXX.XX (xxx.xxx.xx).
SUBSIDY CONTROL. The Grant is awarded as an exempted subsidy under Article 364(4) of the EU-UK Trade and Cooperation Agreement. There is a ceiling of 325,000 Special Drawing Rights for subsidies provided to any one economic actor under this Article over a 3-year period. Any Article 364(4) subsidies (or similar aid, including “de minimis” aid granted prior to 31 December 2020 under Commission Regulation (EU) No 1407/2013) awarded to the Grantee will be relevant if the Grantee wishes to apply, or has applied, for any Article 364(4) subsidies. The monetary value of the SFC Contribution is: £x,xxx/€x,xxx The Grantee must retain this Agreement for 3 years from the date of this Agreement and produce it on any request by the UK public authorities. (The Grantee may need to keep this Agreement for longer than three years for other purposes). The Company acknowledges and hereby agrees that its signature of this Agreement constitutes its awareness of and adherence to Article 364(4) of the EU-UK Trade and Cooperation Agreement.
SUBSIDY CONTROL. 9.1 The College should obtain its own advice as to whether the Subsidy Control Rules apply to the Funding received in relation to the Services delivered under this Agreement. Guidance on this can be found at Complying with the UK’s international obligations on subsidy control: guidance for public authorities – XXX.XX (xxx.xxx.xx).
SUBSIDY CONTROL. 15. It is important to ensure that the Grant is not, and does not become, an unlawful state aid under Article 107 of the Treaty on the Functioning of the European Union (for the purposes of the application of Article 10 of the Northern Ireland Protocol) or a “subsidy” for the purposes of the Trade and Cooperation Agreement. State aid and subsidy frameworks ensure that States do not unfairly subsidise their own industry or particular parts of it.
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SUBSIDY CONTROL. 15.1. The Project Deliverer will ensure that delivery of the Funded Activities does not breach the UK’s international obligations in respect of Subsidies.
SUBSIDY CONTROL. The Grant is awarded as a Minimum Financial Assistance (MFA) subsidy under the Subsidy Control Act (2022). There is a threshold of £315,000 MFA cumulated over this and the previous two financial years, as specified in section 36(1) of the Subsidy Control Act (2022) and the grantee must ensure that this is not exceeded. The grantee is required to keep a written record of the amount of MFA received and the date/s when it was received. This will enable the grantee to respond to future requests from public authorities on how much MFA has been received and whether the cumulative threshold has been reached. (The Grantee may need to keep this Agreement for longer than three years for other purposes). The monetary value of the SFC Contribution is: £x,xxx/€x,xxx
SUBSIDY CONTROL. 37.1. The Contractor should obtain its own advice as to whether the Subsidy Control Rules apply to the Funding received in relation to the Services delivered under this Contract. Guidance on this can be found at Complying with the UK’s international obligations on subsidy control: guidance for public authorities - XXX.XX (xxx.xxx.xx).
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