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Council Regulation (EC) No 73/2008 of 20 December 2007 setting up the Joint Undertaking for the implementation of the Joint Technology Initiative on Innovative Medicines (Text with EEA relevance) (repealed)
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1.The IMI Joint Undertaking shall support prospective research activities following open and competitive calls for project proposals, independent evaluation, and the conclusion of Grant Agreements and Project Agreements.
2.The IMI Joint Undertaking shall set up the procedures and mechanisms for the implementation, supervision and control of concluded Grant Agreements.
3.The Grant Agreement shall:
(a)set up the appropriate arrangements for the implementation of the research activities;
(b)set up the appropriate financial arrangements and the rules relating to intellectual property rights on the basis of the principles as set out in Article 22;
(c)govern the relationship between the selected consortium and the IMI Joint Undertaking.
4.The Project Agreement shall be concluded between the members of a consortium:
(a)to set up the appropriate arrangements for the implementation of the Grant Agreement;
(b)to govern the relationship between the participants in a project.
5.Any legal entity carrying out activities relevant to the objectives of the IMI Joint Undertaking in a Member State or country associated to the Seventh Framework Programme shall be eligible for participating in a project. Any other legal entities may participate if so agreed by the Governing Board.
6.Apart from the contribution to the running costs as set out in Article 11(3), the Community contribution to the IMI Joint Undertaking shall be used for the implementation of the Research Activities. The upper funding limits of such Community financial contribution shall comply with those laid down by the Rules for Participation of the Seventh Framework Programme. The following legal entities are eligible for such funding:
(a)micro, small and medium-sized enterprises within the meaning of Commission Recommendation 2003/361/EC of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises(1);
(b)legal entities established as non-profit public bodies under national law(2);
(c)intergovernmental organisations, which have legal personality under international public law, as well as any specialised agencies set up by such intergovernmental organisations;
(d)legal entities established under Community law;
(e)legal entities established as non-profit organisations which carry out research or technological development as one of their main objectives;
(f)secondary and higher education establishments;
(g)non-profit qualified patients organisations.
7.In order to be considered eligible for Community funding, costs incurred in the implementation of the research activities shall be exclusive of value added tax.
For the purpose of the Regulation, ‘non-profit public bodies’ include those that may make profit but are not permitted to distribute such profits otherwise than in the furtherance of public interest purposes and which carry out scientific and technological research among their main activities.
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