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G. SPECIFIC AID INSTRUMENTS C 155/10 EN Official Journal of the European Union Commission Notice on the application of Articles 87 and 88 of the EC Treaty to State aid in the form of guarantees (2008/C

These guarantees are generally to be regarded as state aid, but because their object is generally to finance, it can also be seen as a form of public expenditure. They may take different forms, but in general, they seek to finance state priorities and priorities can be in areas such as: social security. the education system health Environment or tourism If the financing of a specific undertaking is necessary in relation to public priorities, then this is known as “direct” aid. Where the objective of the State aid is to finance a particular activity, even if only part of that activity is financed by the grant then this is known as “indirect” aid. The aim in relation to indirect aid is to make it possible for a State to compete within a given market. Indirect aid can take several forms. It may be: a subsidy. guarantee interest payment reducing the cost of borrowing For the purposes of these State aid guidelines, indirect aids are generally defined as: a subsidy to a specific activity which is a clear and direct incentive to invest and to expand a specific activity a guarantee or an interest payment if a specific activity is not financed at the cost of guaranteeing this activity to the operation of an economic operator To an agricultural operation, forestry or fishery operation This distinction between direct and indirect aid is important because, to a large extent, indirect aid is the consequence of, rather than a cause of, direct aid. For example, direct aid is often the result of an explicit choice by the State to use a particular route to enable the production of a specific product. By contrast, indirect aid is sometimes a result of the particular economic conditions in a given marketplace. 2. APPLICATION OF EXISTING REGULATIONS 2.1. Existing State aid legislation The existing State aid legislation of the United Kingdom is found at Regulation 477/2001 of the European Parliament and of the Council on certain forms of special financial assistance to the automobile industry in certain Member States (as amended by Regulation 3679/2003). This legislation is in turn a copy-right of the European Community Directive 95/46/EC of 3 August 1995 on aid for investment and investment-led recovery of capital of certain investment undertakings or small businesses (91/686/EC), which had been approved on the same day. Where the Council refers to Regulation 477/2001 as amended, it will, where appropriate refer to this legislation as it applies to specific situations.

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What is g specific aid instruments?

G specific aid instruments refer to financial tools or mechanisms specifically designed to provide assistance or support to a particular group or sector.

Who is required to file g specific aid instruments?

The filing of g specific aid instruments is typically required by government agencies, organizations, or entities responsible for managing and distributing the aid.

How to fill out g specific aid instruments?

The process of filling out g specific aid instruments may vary depending on the specific instrument or form used. Generally, it involves providing accurate and detailed information about the aid recipient, the purpose of the aid, and the intended outcomes or impact.

What is the purpose of g specific aid instruments?

The purpose of g specific aid instruments is to effectively allocate resources and provide targeted assistance to address specific needs or challenges faced by a particular group or sector.

What information must be reported on g specific aid instruments?

The information required on g specific aid instruments may include details about the recipient, eligibility criteria, funding amount, project description, timeline, evaluation methods, and reporting requirements.

When is the deadline to file g specific aid instruments in 2023?

The specific deadline for filing g specific aid instruments in 2023 may vary and is typically determined by the governing agency or organization responsible for managing the instruments. It is advisable to consult the relevant guidelines or contact the respective authority for accurate information.

What is the penalty for the late filing of g specific aid instruments?

The penalty for the late filing of g specific aid instruments can vary depending on the governing regulations and policies. It is recommended to review the guidelines or contact the respective authority to understand the specific penalties or consequences for late filing.

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