Contents
- 1. Aid to the first acquisition of a fishing vessel or the fi…
- 2. Aid under paragraph 1 may also be granted to legal entitie…
- 3. Aid under this Article may be granted for the joint first…
- 4. Support under this Article may also be granted for the fir…
- 5. Aid shall be granted only in respect of a fishing vessel w…
- 6. The amount of the aid granted under this Article shall not…
Article 20Aid to first acquisition of a fishing vessel#
1.Aid to the first acquisition of a fishing vessel or the first acquisition of partial ownership fulfilling the conditions laid down in Chapter I of this Regulation shall be compatible with the internal market within the meaning of Article 107(3), point (c), TFEU and shall be exempted from the notification requirement of Article 108(3) thereof provided that:
(a)the aid contributes to strengthening economically, socially and environmentally sustainable fishing activities and the beneficiary undertaking has provided verifiable information and a business plan that attests to this; and
2.Aid under paragraph 1 may also be granted to legal entities wholly owned by one or more natural persons who each fulfil the conditions set out in paragraph 1.
3.Aid under this Article may be granted for the joint first acquisition of a fishing vessel by several natural persons who each fulfil the conditions set out in paragraph 1.
4.Support under this Article may also be granted for the first acquisition of partial ownership of a fishing vessel by a natural person who fulfils the conditions set out in paragraph 1 and who shall be deemed to have controlling rights on that vessel through ownership of at least of 33 % of the fishing vessel or of the shares in the fishing vessel or by a legal entity which fulfils the conditions set out in paragraph 2 and which shall be deemed to have controlling rights on that vessel through ownership of at least of 33 % of the fishing vessel or of the shares in the fishing vessel.
5.Aid shall be granted only in respect of a fishing vessel which complies with all the following requirements:
(a)belongs to a fleet segment for which the latest report on fishing capacity, referred to in Article 22(2) of Regulation (EU) No 1380/2013, has shown a balance with the fishing opportunities available to that segment;
(b)is equipped for fishing activities;
(c)is not longer than 24 metres in overall length;
(d)has been registered in the Union fleet register for at least three calendar years preceding the year of submission of the application for aid in the case of a small-scale coastal fishing vessel, and for at least five calendar years in the case of another type of vessel; and
(e)has been registered in the Union fleet register for a maximum of 30 calendar years preceding the year of submission of the application for aid.
6.The amount of the aid granted under this Article shall not exceed, in gross grant equivalent, a maximum aid intensity rate of 40 % of the eligible costs and shall in any event not be higher than EUR 75000 per fisher and fishing vessel.
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