S.L. 325.7 · State Aid Monitoring Regulations (S.L. 325.7)
S.L. 325.7 Art. 2Interpretation. Cap. 325. Cap. 460.
In these regulations, unless the context otherwise requires: "Act" means the Business Promotion Act; "aid", "aid scheme", "existing aid", "individual aid", "new aid" and "unlawful aid" shall have the same meaning assigned to them by Article 1 of the Council Regulation;
"Board" means the State Aid Monitoring Board established under article 57 of the Act;
"the Commission" means the Commission of the European Union as established in the EC Treaty as subsequently amended;
"the Council" means the Council of the European Union as established in the EC Treaty as subsequently amended;
"Council Regulation" means Council Regulation (EC) No 659/ 1999 of 22 March 1999 laying down detailed rules for the application of Article 93 of the EC Treaty, and any subsequent amendments thereto; "European Union" shall have the same meaning assigned to it by article 2 of the European Union Act; "non-notified aid" means any aid granted without being notified in accordance with regulation 5; "notified aid" means any aid notified in accordance with regulation 5; "provider of aid" includes the Government, its Ministries and departments, entities falling under such Ministries and departments, as well as local councils that, directly or indirectly, grant or plan to grant aid, as well as any other bodies authorized by the State to grant aid.
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- S.L. 325.7 Art. 1
- S.L. 325.7 Art. 57
- S.L. 325.7 Art. 93