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Council Regulation (EC) No 1698/2005 (repealed)Show full title
Council Regulation (EC) No 1698/2005 of 20 September 2005 on support for rural development by the European Agricultural Fund for Rural Development (EAFRD) (repealed)
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Article 28Adding value to agricultural and forestry products
1.Support provided for in Article 20(b)(iii), shall be granted for tangible and/or intangible investments which:
(a)improve the overall performance of the enterprise;
(b)concern:
(b)the processing and/or marketing of products covered by Annex I to the Treaty, except fishery products, and of forestry products; and/or
the development of new products, processes and technologies linked to products covered by Annex I to the Treaty, except fishery products, and to forestry products; and
(c)respect the Community standards applicable to the investment concerned.
Where investments are made in order to comply with Community standards, support may be granted only to those which are made by micro-enterprises, as referred in paragraph 2, in order to comply with a newly introduced Community standard. In that case a period of grace, not exceeding 36 months from the date on which the standard becomes mandatory for the enterprise, may be provided to meet the standard.
2.Support shall be limited to the maximum rate laid down in the Annex.
3.Support under paragraph 1 at its maximum rate shall be limited to micro, small and medium- sized enterprises within the meaning of Commission Recommendation 2003/361/EC (1). For the territories of the Azores, Madeira, the Canary Islands, the smaller Aegean Islands within the meaning of Regulation (EEC) No 2019/93 and the French overseas departments, no size limits apply for the maximum rate. For enterprises that are not covered by Article 2(1) of that recommendation with less than 750 employees or with a turn over of less than EUR 200 million the maximum aid intensity is halved. In the case of forestry, support shall be limited to micro-enterprises.
Support shall not be granted to enterprises in difficulty within the meaning of the Community guidelines on State aid for rescuing and restructuring firms in difficulty (2).
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