Commission Implementing Decision (EU) 2024/459 of 1 February 2024 on setting up the European Digital Infrastructure Consortium for Networked Local Digital Twins towards the CitiVERSE (LDT CitiVERSE EDIC)

• CELEX: Implementing Decision (EU) 2024/459
• Articles: 3

Article 1

1.   The European Digital Infrastructure Consortium for the networked Local Digital Twins towards the CitiVERSE (LDT CitiVERSE) EDIC is hereby set up.

2.   LDT CitiVERSE EDIC shall have legal personality and it shall enjoy, in each of the Member States, the most extensive legal capacity accorded to legal entities under the law of that Member State. It may, in particular, acquire, own and dispose of movable, immovable and intellectual property, conclude contracts and be a party to legal proceedings.

3.   The essential elements of the statutes of LDT CitiVERSE EDIC, as agreed between its members, are annexed to this Decision.

Article 2

This Decision shall enter into force on the day it is published in the Official Journal of the European Union .

Schedules & Appendices

ANNEX ESSENTIAL ELEMENTS OF THE STATUTES OF THE LDT CitiVERSE EDIC

ANNEX

ESSENTIAL ELEMENTS OF THE STATUTES OF THE LDT CitiVERSE EDIC

(1)    Corresponding to Article 17(1)(c) of Decision (EU) 2022/2481:

Article 2

Name, seat, location and working language

[…]

2.   The name of the EDIC referred to in paragraph (1) shall be ‘Networked Local Digital Twins towards a CitiVERSE EDIC’, hereafter referred to as LDT CitiVERSE EDIC.

3.   LDT CitiVERSE EDIC shall have its statutory seat in Valencia (Spain).

(2)    Corresponding to Article 17(1)(d) of Decision (EU) 2022/2481:

Article 30

Duration

1.   LDT CitiVERSE EDIC shall exist for an indefinite period of time.

Article 31

Winding up

1.   The winding up of LDT CitiVERSE EDIC shall be decided by the Assembly of Members in accordance with Article 11.

2.   Without undue delay and in any event within ten days after adoption of the decision to wind up LDT CitiVERSE EDIC, LDT CitiVERSE EDIC shall notify the European Commission about the decision.

3.   Assets remaining after payment of LDT CitiVERSE EDIC debts shall be apportioned among the members in proportion to their accumulated annual contribution to LDT CitiVERSE EDIC, as specified in Article 10, or transferred to another legal entity, if this entity continues EDIC's activities.

4.   Without undue delay and in any event within ten days of the closure of the winding up procedure, LDT CitiVERSE EDIC shall notify the Commission about this.

(3)    Corresponding to Article 17(1)(e) of Decision (EU) 2022/2481:

Article 22

Liability and insurance

1.   EDIC shall be liable for its debts.

2.   The financial liability of the members for the debts of the EDIC shall be limited to their respective contributions provided to the EDIC, as specified in Annex III.

3.   The European Union shall not be liable for the LDT CitiVERSE EDIC’s debts.

(4)    Corresponding to Article 17(1)(i) of Decision (EU) 2022/2481:

Article 21

Tax and excise duty exemptions

1.   VAT exemptions based on Articles 143(1)(g) and 151(1)(b) of Council Directive 2006/112/EC, shall be limited to purchases by LDT CitiVERSE EDIC and by members of LDT CitiVERSE EDIC which are for the official and exclusive use by LDT CitiVERSE EDIC provided that such purchase is made solely for the non-economic activities of LDT CitiVERSE EDIC in line with its activities.

2.   VAT exemptions shall be limited to purchases exceeding the value of EUR 300.

3.   Excise Duty exemptions based on Article 11(1), point (b), of Council Directive (EU) 2020/262, shall be limited to purchases by LDT CitiVERSE EDIC which are for the official and exclusive use by LDT CitiVERSE EDIC provided that such purchase is made solely for the non-economic activities of LDT CitiVERSE EDIC in line with its activities and that the purchase exceeds the value of EUR 300.