S.L. 325.7 · State Aid Monitoring Regulations (S.L. 325.7)
S.L. 325.7 Art. 6Examination procedure.
(1) The Board shall examine the proposed aid and shall, within forty working days from receipt of all information requested by it, issue to the provider of aid and to any pertinent party, a preliminary opinion regarding the notified aid. The provider of aid as well as any party, may, within ten working days of receipt of the preliminary opinion, make further submissions.
(2) (a) Where the Board, after the receipt of further submissions or after the lapse of time of such submissions, is of the opinion that the notified aid is compatible with these regulations, it shall issue its final opinion.
(b) The Board shall also notify the Commission of the proposed aid and provide all the necessary information on such aid in order to enable it to take a decision.
(3) (a) Where the Board, after such receipt or such lapse of time for further submissions, is of the opinion that the notified aid may not be compatible with these regulations, it shall request the provider of the proposed aid to make all the necessary additional detailed submissions concerning the said aid.
(b) The Board shall, on receiving all the necessary information, issue its final opinion within forty working days from receipt of last submissions and communicate its conclusions in writing to the provider of the proposed aid:
Provided that, where the provider of such aid, within one month, expressly so requests, the Board shall also notify the Commission of the proposed aid.