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S.L. 463.28 · Skills Development Regulations (S.L. 463.28)

S.L. 463.28 Art. 5Form of Aid.

In forceOfficial text

(1) Any assistance provided in terms of these regulations shall not exceed:

(a) seventy per cent (70%) of the eligible costs in the case of an undertaking which qualifies as a small undertaking;

(b) sixty per cent (60%) of the eligible costs in the case of an undertaking which qualifies as a medium-sized undertaking;

(c) fifty per cent (50%) of the eligible costs in the case of an undertaking which qualifies as a large undertaking.

(2) The maximum support per skills development project shall be of two million euro (€2,000,000).

Amendment history
  • Amended by L.N. 152 of 2020