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S.L. 325.6 · Business Promotion Regulations (S.L. 325.6)

S.L. 325.6 Art. 21Database of assistance provided.

In KraftAmtlicher Text

The Corporation shall keep a database of all assistance provided to, or claimed by, companies and enterprises in order to enable it to -

(a) verify whether the provisions of the Act and of these regulations have been complied with;

(b) provide the State Aid Monitoring Board with such information as it may require; and

(c) inform the Department of Inland Revenue whether the benefits claimed in terms of the Act and these regulations have been properly calculated.