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Document E2006C0309(02)

    Authorisation of State measure pursuant to Article 61 of the EEA Agreement and Article 1(3) in Part I of Protocol 3 to the Surveillance and Court Agreement

    OJ C 57, 9.3.2006, p. 26–26 (ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, NL, PL, PT, SK, SL, FI, SV)

    9.3.2006   

    EN

    Official Journal of the European Union

    C 57/26


    Authorisation of State measure pursuant to Article 61 of the EEA Agreement and Article 1(3) in Part I of Protocol 3 to the Surveillance and Court Agreement

    (2006/C 57/11)

    The EFTA Surveillance Authority has decided not to raise objections to the notified measure.

    Date of adoption:

    EFTA State: Norway

    Aid No: 55211

    Title: EFTA Surveillance Authority decision of 15 July 2005 on the notification of a new risk capital scheme: Regional seed capital investment scheme for assisted areas

    Objective: To increase the supply of seed capital and to promote the development of assisted areas

    Legal basis: St.prp. nr. 65 (2002-2003), inst. S. nr. 260 (2002-2003), St.prp. nr. 1 (2003-2004), Budsjett-innst. S. nr. 8 (2003-2004), St.prp. nr.1 Tillegg nr. 1 (2004-2005, St.prp. nr. 16 (2004-2005, Budsjett-innst. S.nr. 8 (2004-2005) and Budsjett-innst. S. nr. 8 (2004-2005)

    Duration: Up to 15 years

    Budget: Subordinated loans of NOK 700 million (approximately EUR 85 million), administrative costs of NOK 50 million (approximately EUR 6,1 million) and a loss-fund of NOK 175 million (approximately EUR 21 million)


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