Finance Act 2024

Amendment of certain references relating to de minimis aid

34. The Principal Act is amended—

(a) in section 216F—

(i) in subsection (1), by the substitution of the following definition for the definition of “Commission Regulation (EU) No. 1407/2013”:

“ ‘Commission Regulation (EU) 2023/2831’ means Commission Regulation (EU) 2023/2831 of 13 December 20231 on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid;”,

and

(ii) in subsection (7)—

(I) in paragraph (a), by the substitution of “Commission Regulation (EU) 2023/2831” for “Commission Regulation (EU) No. 1407/2013” in each place where it occurs,

(II) in paragraph (c), by the substitution of “Commission Regulation (EU) 2023/2831” for “Commission Regulation (EU) No. 1407/2013” in each place where it occurs, and

(III) in paragraph (d), by the substitution of “Commission Regulation (EU) 2023/2831” for “Commission Regulation (EU) No. 1407/2013” in each place where it occurs,

and

(b) in section 486C—

(i) in subsection (1)(a), by the substitution of the following definition for the definition of “Commission Regulation (EC) No. 1998/2006”:

“ ‘Commission Regulation (EU) 2023/2831’ means Commission Regulation (EU) 2023/2831 of 13 December 20232 on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid;”,

(ii) in subsection (2)(a), by the substitution of the following subparagraph for subparagraph (v):

“(v) the activities of which form part of an undertaking to which any of subparagraphs (a) to (f) of paragraph 1 of Article 1 of Commission Regulation (EU) 2023/2831 apply, or”,

and

(iii) in subsection (12)—

(I) in paragraph (a), by the substitution of “Commission Regulation (EU) 2023/2831” for “Commission Regulation (EC) No. 1998/2006”, and

(II) in paragraph (b), by the substitution of “Article 6 of Commission Regulation (EU) 2023/2831” for “Article 3 of Commission Regulation (EC) No. 1998/2006”.

1 OJ L2023/2831, 15.12.2023

2 OJ L2023/2831, 15.12.2023