The State Aid (EU Exit) Regulations 2019

Transparency of aid under the SGEI decision

This adran has no associated Memorandwm Esboniadol

7.—(1) This paragraph applies if—

(a)an aid grantor grants aid that is exempt from the notification requirement in Article 108(3) of the TFEU by virtue of the SGEI decision;

(b)the compensation is above 15 million Euros; and

(c)the compensation is granted to an undertaking that also has activities outside the scope of the service of general economic interest.

(2) The aid grantor concerned must publish—

(a)the entrustment act or a summary which includes the elements listed in Article 4 of the SGEI decision; and

(b)the amounts of aid granted to the undertaking on a yearly basis.