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Section 4 should be completed by the Beneficiary/Applicant only, not the HR Consultant
Private sector organisations must be aware of State Aid rules. This is to avoid any unintentional failure of compliance with all the terms of a particular State Aid exemption and to avoid any potential claw back of funds. It is the responsibility of the organisations receiving the State Aid to report on any other aid that they have previously received via a public source. Failure to advise of a grant or exemption from a cost otherwise due could lead to the claw back of the funds, plus interest.
State Aid can occur whenever State resources are used to provide assistance that gives organisations an advantage over others. It can distort competition, which is harmful to consumers and companies
Projects must comply with Statutory Guidance for the United Kingdom Subsidy Control Regime Subsidy Control Act 2022, MFA (Minimal Financial Assistance) guidance of not greater than a total of £315,000 of Government Subsidies during the current elapsed, and prior two financial years. Any De Minimis Aid (Our Grant) awarded to you will be relevant if you wish to apply, or have applied, for any other grant aid or publicly funded support.
Declaration:
I acknowledge that I understand the requirements of State Aid regulation for the United Kingdom Subsidy Control Regime Subsidy Control Act 2022, MFA (Minimal Financial Assistance) . I acknowledge that if my undertaking fails to meet the eligibility requirements, my undertaking may be liable to repay the full amount of grant received Lincolnshire County Council.
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