S.L. 463.46 Art. 6Aid intensities.

The aid intensity may not exceed the percentage established in the guidelines. The value of the aid awarded shall be calculated as a percentage of:

(a) the qualifying eligible expenditure as established inthe guidelines incurred by an undertaking in respect of eligible projects for the carrying out of a qualifying activity; or

(b) wage costs for jobs directly created as a result of the eligible project as shall be further specified in the guidelines.