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Continued application of Regulation (EU) No 1388/2014
Article 47 of Commission Regulation (EU) No 1388/2014 ( 41 ) states that that regulation shall apply until 31 December 2022. The present Regulation will replace Regulation (EU) No 1388/2014 upon its expiry.
Transitional provisions
1. This Regulation shall apply to individual aid granted before its entry into force, if the aid fulfils all the conditions laid down in this Regulation, with the exception of Article 9. 2. Any aid not exempted from the notification requirement of Article 108(3) TFEU under this Regulation or other regulations adopted pursuant to Article 1 of Regulation (EU) 2015/1588 previously in force shall be assessed by the Commission in accordance with the relevant frameworks, guidelines, communications and notices. 3. Any individual aid granted before 1 January 2023 under any regulation adopted pursuant to Article 1 of Regulation (EU) 2015/1588 previously in force at the time of granting the aid shall be compatible with the internal market and exempted from the notification requirement of Article 108(3) TFEU. 4. At the end of the period of validity of this Regulation, any aid schemes exempted under this Regulation shall remain exempted during an adjustment period of six months.
Entry into force and applicability
This Regulation shall enter into force on 1 January 2023. It shall apply from 1 January 2023 to 31 December 2029.
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