Authorisation for State aid pursuant to Articles 107 and 108 of the TFEU — Cases where the Commission raises no objections  Text with EEA relevance
Date: 2012-02-21
Institutions: European Commission
Subjects: Austria, Hungary, Ireland, State aid, United Kingdom, control of State aid, cultural promotion, financial services, heritage protection, venture capital








C_2012050EN.01000101.xml










21.2.2012   


EN


Official Journal of the European Union


C 50/1





Authorisation for State aid pursuant to Articles 107 and 108 of the TFEU
Cases where the Commission raises no objections
(Text with EEA relevance)
2012/C 50/01






Date of adoption of the decision


22.11.2011




Reference number of State Aid


SA.32636 (11/N)




Member State


Ireland




Region


—




Title (and/or name of the beneficiary)


Employment and Investment Incentive — Amendments to the Business Expansion Scheme (BES) incorporating the Seed Capital Scheme (SCS)




Legal basis


Section 33 of the Finance Act 2011 amending the Taxes Consolidation Act 1997




Type of measure


Aid scheme




Objective


Risk capital




Form of aid


Tax advantage




Budget


Annual budget: EUR 45 million




Intensity


—




Duration (period)


Until 31.12.2013




Economic sectors


All sectors




Name and address of the granting authority







The Revenue Commissioners




Stamping Building




Dublin Castle




Dublin 2




IRELAND








Other information


—




The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:
http://ec.europa.eu/community_law/state_aids/state_aids_texts_en.htm






Date of adoption of the decision


22.12.2011




Reference number of State Aid


SA.33470 (11/N)




Member State


Hungary




Region


—




Title (and/or name of the beneficiary)


Kulturális célú támogatás a Svájci–Magyar Együttműködési Programból




Legal basis


237/2008. (IX. 26.) Korm. rendelet a Svájci–Magyar Együttműködési Program végrehajtási rendjéről




Type of measure


Aid scheme




Objective


Culture, Heritage conservation




Form of aid


Direct grant




Budget


Overall budget: HUF 2 640 million




Intensity


100 %




Duration (period)


1.1.2012-30.6.2012




Economic sectors


Recreational, cultural sporting activities




Name and address of the granting authority







Nemzeti Fejlesztési Ügynökség




Budapest




Wesselényi u. 20–22.




1077




MAGYARORSZÁG/HUNGARY








Other information


—




The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:
http://ec.europa.eu/community_law/state_aids/state_aids_texts_en.htm






Date of adoption of the decision


20.12.2011




Reference number of State Aid


SA.33683 (11/N)




Member State


United Kingdom




Region


England




Title (and/or name of the beneficiary)


Big Society Capital




Legal basis


Dormant Bank and Building Society Accounts Act 2008




Type of measure


Individual aid




Objective


Execution of important projects of common European interest




Form of aid


Other forms of equity intervention




Budget


Overall budget: GBP 400 million




Intensity


—




Duration (period)


20.12.2011-20.12.2016




Economic sectors


Financial intermediation




Name and address of the granting authority







Cabinet office




1 Horse Guards Road




London




SW1A 2HQ




UNITED KINGDOM








Other information


—




The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:
http://ec.europa.eu/community_law/state_aids/state_aids_texts_en.htm






Date of adoption of the decision


20.12.2011




Reference number of State Aid


SA.33805 (11/N)




Member State


Austria




Region


—




Title (and/or name of the beneficiary)


Verkauf von RZB-Aktien durch die Hypo Niederösterreich




Legal basis


—




Type of measure


—




Objective


—




Form of aid


—




Budget


—




Intensity


—




Duration (period)


—




Economic sectors


Financial intermediation




Name and address of the granting authority


—




Other information


The Commission finds that the transaction does not constitute State aid within the meaning of Article 107(1) TFEU.




The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:
http://ec.europa.eu/community_law/state_aids/state_aids_texts_en.htm