Commission Regulation (EC) No. 875/2007 on the application of Articles 87 and 88 of the EC Treaty to de minimis aid in the fisheries sector and amending Regulation (EC) No. 1860/2004.

Subject

Fisheries

Keyword

Subsidy/incentive Business/industry/corporations

Geographical area

European Union Countries

Abstract

This Regulation applies to aid granted to undertakings in the fisheries sector, which means undertakings active in the production, processing and marketing of fisheries products. Aid may be granted by national authorities as long as they comply with the provisions laid down at the European Union level (articles 87 and 88 of the Treaty) on de minimis aid, in the framework of competition law. Aid measures shall be deemed not to meet all the criteria of article 87(1) of the European Union Treaty and shall be exempt from the notification requirement of article 88(3) of the Treaty, if they fulfill the conditions laid down in articles 3-5 of this Regulation.

Full text

English

Website

europa.eu

References - Legislation

Amends

Commission Regulation (EC) No. 1860/2004 on the application of Articles 87 and 88 of the EC Treaty to de minimis aid in the agriculture and fisheries sectors.

Legislation | European Union | 2004

Keyword: Subsidy/incentive, Business/industry/corporations

Source: FAO, FAOLEX

Implemented by

Decree identifying resources and criteria for granting aid to enterprises in the fisheries sector during closed seasons as per Ministerial Decree of 11 July 2013.

Legislation | Italy | 2013

Keyword: Subsidy/incentive, Marine fisheries, Seasons, Business/industry/corporations, Fishery management and conservation

Source: FAO, FAOLEX