Article 5
Definition of aids provided

e. 1) For investments and/or equipment leasing pro-grams of:
(i) Manufacturing companies producing of state-of-the-art technological products or new products, under instance (a), of para. 1, article 3.
(ii) Undertakings (laboratories) of applied industrial, energy, mining, agricultural, forestry, livestock, and fish farming research, as well as technology and in-dustrial design undertakings, under instance (c), of para. 1, article3.
(iii) Undertakings for the provision of state-of-the-art technological services, under instance (d), of para. 1, article 3.
(iv) Software development undertakings, under in-stance (e), of para. 1, article 3.
Furthermore for investments and/or equipment leas-ing programs, concerning:
(v) The protection of the environment, the restriction of ground, underground, water and air pollution, the restoration of the natural environment and water recy-cling, provided that these investments or programs shall be implemented by manufacturing undertakings, undertakings producing power and electricity, mining undertakings, industrial minerals undertakings and marble cutting undertakings, by farming, livestock and fishery undertakings, by undertakings of O.T.A. or pre-fectural local authorities, by liquid fuels and liquid gases undertakings, and by tourist undertakings, un-der instances (a), (b), (g), (h), (i), (l), (n), and (t) re-spectively, of para. 1, article 3.
(vi) The utilisation of renewable sources of energy, substitution of gas fuels for liquid fuels or electricity, treated refuse from domestic industries, the recovery of lost heat, and energy saving, provided that these investments and/or programs shall be implemented by manufacturing undertakings, undertakings producing energy in the form of hot water, steam, or producing solid fuels by biomass, farming, livestock and fishery undertakings using modern technology, mining under-takings, undertakings quarrying, treating and in gen-eral utilising industrial minerals, undertakings stan-dardising, packaging and preserving products of the primary sector on behalf of the same or third parties, international trade companies, and tourist undertak-ings, under instances (a), (b), (g), (h), (i), (k), (q), and (t) of para. 1, article 3, as well as undertakings of the O.T.A., or the Prefectural local authorities, or the co-operatives under instance (l) of the same paragraph above.
(vii) The establishment, expansion and modernisa-tion of laboratories of applied industrial or energy or mineral or agricultural or livestock or fish farming re-search, provided that these investments or programs shall be implemented by manufacturing undertakings, undertakings producing energy and electricity, indus-trial minerals undertakings and marble cutting under-takings, mining undertakings, and by farming, forestry, livestock and fishery undertakings using modern tech-nology, under instances (a), (b), (g), (h) and (i) respec-tively, of para. 1, article 3.

The following aid rates shall be provided:

Area
Grant rates
Interest subsidy rates
Leasing subsidy rates
D
40%
40%
40%
C
40%
40%
40%
B
30%
30%
30%
A
25%
25%
25%

or alternatively:

Area
Tax allowance rate (tax-free reserve)
Interest subsidy rates
D
100%
40%
C
100%
40%
B
70%
30%
A
60%
25%


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