Retained EU Law SI 2014 United Kingdom

Commission Implementing Decision of 11 September 2014

Read it on legislation.gov.uk (opens in a new tab)
Enforced by
DEFRA
Status
Amended (in force with amendments)
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person2

Plus 11 duties on the regulator, Crown ministers and public bodies — folded into the section list below.

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2684 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.s.article 11 MS Contribution Regulated
Other duties (1) — Crown / regulator
  • Managing Authority must pay MS Contribution before EIF signs guarantee agreementsCrown / Minister / Government department
s.s.article 14 Management Costs and Fees Regulated
Other duties (1) — Crown / regulator
  • Managing Authority must pay EIF management costs and feesCrown / Minister / Government department
s.s.article 15 Accounting Regulated
Other duties (1) — Crown / regulator
  • EIF must keep separate accounts, retain records and file audited statements annuallyCrown / Minister / Government department
s.s.article 16 Operational and financial reporting Regulated
Other duties (1) — Crown / regulator
  • EIF must report on funding window performance to the Managing AuthorityCrown / Minister / Government department
s.s.article 17 Audits, Controls and Monitoring Regulated
Other duties (1) — Crown / regulator
  • EIF must control and monitor Dedicated Window implementationStatutory regulator
s.s.article 18 Evaluation Regulated
Other duties (1) — Crown / regulator
  • EIF must require financial intermediaries to provide evaluation informationStatutory regulator
s.s.article 19 Procurement of goods, works and services Regulated
Other duties (1) — Crown / regulator
  • EIF must procure fairly and exclude blacklisted tenderersCrown / Minister / Government department
s.s.article 20 Visibility Regulated
Other duties (1) — Crown / regulator
  • EIF must publicise EU funding and pass visibility duties to intermediariesCrown / Minister / Government department
s.s.article 21 Publication of information on Financial Intermediaries Regulated
Other duties (1) — Crown / regulator
  • EIF must publish names of supported financial intermediaries annuallyCrown / Minister / Government department
s.s.article 22 Assignment Regulated
  • Get written consent before transferring funding agreement rights or obligationsAny Person
s.s.article 3 Eligibility and exclusion criteria of the New Debt Finance Regulated
Other duties (1) — Crown / regulator
  • EIF must commit Member State contributions to SME debt-finance operationsCrown / Minister / Government department
s.s.article 4 General principles related to the implementation and management of the Dedicated Window[s] Regulated
Other duties (1) — Crown / regulator
  • EIF must manage the Dedicated Windows under the Funding Agreement and EU lawCrown / Minister / Government department
s.s.article 9 Selection of Financial Intermediaries and Operational Agreements Regulated
  • Financial intermediaries must comply with anti-fraud, records and state-aid rulesAny Person
24 other provisions — procedural and definitional
uri:annex/division/16/division/securitisation/division/1 uri:annex/division/16/division/securitisation/division/1
uri:annex/division/annex/division/2 uri:annex/division/annex/division/2
s.001 The model of the funding agreement for the financial contribution...
s.002 This Decision shall enter into force on the day following...
s.annex para.1 This Agreement is entered into on [•] 2014, by and...
s.annex para.2 [ Managing Authority of Member State participating in the SME...
s.annex para.3 WHEREAS:
s.annex para.4 the Parties have agreed as follows:
s.[managing authority of member state participating [MANAGING AUTHORITY OF MEMBER STATE PARTICIPATING IN THE SME INITIATIVE]
s.s.article 1 Definitions and Interpretation
s.s.article 10 Governance
s.s.article 12 EIF Contribution
s.s.article 13 Dedicated Window[s] Account[s] and Treasury Asset Management
s.s.article 2 Purpose and Scope of this Funding Agreement
s.s.article 23 Liability
s.s.article 24 Governing Law and Jurisdiction
s.s.article 25 Effectiveness — Termination
s.s.article 26 Notices and Communications
s.s.article 27 Amendments and miscellaneous
s.s.article 28 Annexes
s.s.article 5 Objectives and Description of the Dedicated Window[s]
s.s.article 6 Territorial Coverage
s.s.article 7 Minimum Leverage Effect, Milestones and Penalties
s.s.article 8 Tasks and obligations of the EIF

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.