Definitions
Article 2
For the purposes of this Regulation the following definitions apply: (1) ‘beneficiary Member State’ means a Member State listed in Annex IIb to Directive 2003/87/EC; (2) ‘non-priority investment’ means an investment that does not fall into any area listed in Article 10d(2) of Directive 2003/87/EC; (3) ‘non-priority small-scale project’ means a non-priority investment receiving State aid the total amount of which meets the criteria of the de minimis aid in accordance with Article 3 of Commission Regulation (EU) No 1407/2013 ( 4 ) ; (4) ‘priority investment’ means an investment that falls into at least one area listed in Article 10d(2) of Directive 2003/87/EC; (5) ‘scheme’ means an investment proposal which complies with the following criteria: (a) it comprises a consistent set of priorities coherent with the objectives of the Modernisation Fund, and because of the characteristics of the projects under the scheme, it can be qualified either as a priority or non-priority investment; (b) it has a duration of more than one year; (c) it has a national or regional scope; and (d) it aims to support more than one public or private person or entity responsible for initiating or initiating and implementing projects under the scheme.