Waiver of security requirementS
This section has no associated Policy Notes
5. A person making an application for private storage aid referred to in regulation 3(1) is not required to lodge a security in favour of the relevant paying agency in accordance with Section 2 of Chapter IV of Commission Delegated Regulation (EU) No. 907/2014 of 11 March 2014 supplementing Regulation (EU) No. 1306/2013 of the European Parliament and of the Council with regard to paying agencies and other bodies, financial management, clearance of accounts, securities and use of euro(1).
Commencement Information
I1Reg. 5 in force at 8.11.2021, see reg. 1(1)
(1)
EUR 2014/907, incorporated into domestic law on IP completion day by section 3 of the European Union (Withdrawal) Act 2018 (c. 16) and relevantly amended by S.I. 2019/765.