<akomaNtoso xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd"><act name="eudn"><meta><identification source="#"><FRBRWork><FRBRthis value="http://www.legislation.gov.uk/id/eudn/2012/26"/><FRBRuri value="http://www.legislation.gov.uk/id/eudn/2012/26"/><FRBRdate date="2011-06-29" name="adopted"/><FRBRauthor href=""/><FRBRcountry value="EU"/><FRBRnumber value="26"/><FRBRname value="Decision (EU) 2012/26"/><FRBRprescriptive value="true"/></FRBRWork><FRBRExpression><FRBRthis value="http://www.legislation.gov.uk/eudn/2012/26/2011-06-29"/><FRBRuri value="http://www.legislation.gov.uk/eudn/2012/26/2011-06-29"/><FRBRdate date="2011-06-29" 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(Only the French text is authentic) (Text with EEA relevance) (2012/26/EU)</dc:title><dc:description>Commission Decision of 29 June 2011 on State aid granted by France to the Institut Français du Pétrole (Case C 35/08 (ex NN 11/08)) (notified under document C(2011) 4483) (Only the French text is authentic) (Text with EEA relevance) (2012/26/EU)</dc:description><dc:modified>2020-12-12</dc:modified><dc:publisher>King's Printer of Acts of Parliament</dc:publisher><dc:source>https://webarchive.nationalarchives.gov.uk/eu-exit/https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32012D0026</dc:source><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dct:valid>2011-06-29</dct:valid><ukm:EUMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="euretained"/><ukm:DocumentMainType Value="EuropeanUnionDecision"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="2012"/><ukm:Number Value="26"/><ukm:EURLexIdentifiers 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contract research activities and the provision of services by the publicly owned establishment IFP must:</p><blockList class="unordered dash" ukl:Name="UnorderedList" ukl:Decoration="dash"><item><p>not prejudice the normal functioning, independence and neutrality of the publicly owned establishment IFP;</p></item><item><p>be charged for at a market price, or in the absence of a market price, at a price which reflects the totality of the costs, plus a reasonable margin, net of the potential impact of the State guarantee;</p></item><item><p>be the subject of accounting separate from that of the independent public research activities (accounting separation of their respective costs and funding), and the profits they generate must be reinvested in full in the principal activity of independent public research;</p></item><item><p>be intrinsically linked to the principal activity of independent public research of the publicly owned establishment IFP by reason in particular of the use of the same infrastructures, equipment, materials or technologies, or the use of the same researchers, scientists, engineers, designers or technicians;</p></item><item><p>be outside the scope of the exclusive agreements concluded between the publicly owned establishment IFP and its subsidiaries Axens and Prosernat referred to in Article 3(1) of decision C 51/2005, where appropriate extended or amended in accordance with Article 3(2) of decision C 51/2005 and Article 12(2) of the present decision;</p></item><item><p>represent only a residual proportion of the budget devoted by the publicly owned establishment IFP to its independent public research activities.</p></item></blockList></content></paragraph><paragraph eId="article-8-3"><num>3.</num><content><p>France shall submit each year to the Commission a report on the contract research activities and provision of services carried out by the publicly owned establishment IFP which specifies the ratio of their value to the budget devoted by the publicly owned establishment IFP to its independent public research activities.</p></content></paragraph></article></body></act></akomaNtoso>