IMAGE: Orkney Islands Council crest with the words “ORKNEY ISLANDS COUNCIL”.
Subsidy Declaration Pro-Forma
Rates Relief is awarded as an exempted subsidy under Article 3.2(4) of the EU-UK Trade and Cooperation Agreement. There is a ceiling of €325,000 Special Drawing Rights^1^ for subsidies provided to any one economic actor under Article 3.2(4) over a three-year period. Any Article 3.2(4) subsidies (or similar aid, including de minimis aid granted prior to 31 December 2020 under Commission Regulation (EU) No 1407/2013) awarded to the applicant will be relevant if the applicant wishes to apply, or has applied, for any Article 3.2(4) subsidies.
The applicant must retain this Agreement for three years from the date of this Agreement and must be able to produce it on request by the UK public authorities.
You may need to keep this Agreement for longer than three years for other purposes.
Please State All Public Assistance of The Single Economic Actor Applying.
(Note: A single economic actor could be the controlling interest in multiple separate businesses).
| Date received (DD/MM/YYYY). | Amount (£). | Name of Support Scheme. | Nature of assistance (Tax Relief, Grant, Loan, etc). | Sector of the Economic Actor (Hospitality, Energy, etc). | Organisation providing the assistance/aid. |
|---|---|---|---|---|---|
Statement: I confirm that the information I have provided above is complete and accurate. I understand that failure to disclose relevant information may lead to a requirement to refund the value of the subsidy provided plus interest from the date that the subsidy was received.
Signed: __________
Print Name: ______ Position: ______ Date: ________
^1^ The term “Special Drawing Rights” refers to the International Monetary Fund (IMF) reserve currency rate of exchange which fluctuates on a daily basis.