Competences and aid application procedures
The Inspection Bodies of EOMMEX shall have au-thority to inspect
investments and/or equipment leas-ing programs which have been made
eligible for grant and/or interest or leasing subsidy, by virtue
of decision of the President of EOMMEX and over which EOMMEX has
authority to monitor and inspect.
e. Inspection Bodies herein shall be set up each time, by virtue
of decision of the competent authority or in the case of Regional
Inspection Bodies by virtue of decision of the Secretary General
of the Regional Authority, not to be published in the Government
Ga-zette, by officers of the competent ministries and ser-vices,
bank representatives, representatives of the lo-cal or prefectural
local authorities and/or chartered auditors or evaluators. The number
of inspection bod-ies to be set up each time shall depend on the
needs for complete and fast inspections.
f. Members of the inspection bodies as well as bod-ies charged with
the disbursement of grants shall be subject to the provisions of
articles 6 and subsequent ones on the submission of a statement
on their finan-cial position under Law 2429/1996.
22. Deduction of 4‰ on paid grants and subsidies, for the payment
of compensations to advisory commit-tees and inspection bodies.
a. A part equal to 4‰ of the amounts paid under Laws 1116/1981,
1262/1982, 1682/1987, 1892/1990 and these presents as investment
grants and subsi-dies, in general, shall be deducted by the competent
disbursement services, as from January 1st, 1998, to cover expenses
for any compensations of advisory committees and Central and Regional
inspection bod-ies, including compensations of rapporteurs, secretar-ies
and alternate assistant secretaries, stipulated in the aforementioned
To this end, a special task shall be entered in the Public Investments
Programme, assigned a credit equal to 4‰ of the credits allocated
yearly in the Pub-lic Investments budget for the purpose of investment
grants and subsidies, in general, according to the above laws. Such
deduction shall be effected upon disbursement of Public grant or
b. Compensations of chairpersons, members, rap-porteurs, secretaries
and alternate assistant secretar-ies of advisory committees, as
well as of members of inspection bodies, excluding those of EOMMEX,
shall be as follows:
(i) chairpersons, members, secretaries and alternate assistant secretaries
of advisory committees: Drs. 15,000 per session;
(ii) members of inspection bodies: Drs. 15,000 per inspection;
(iii) rapporteurs of advisory committees: up to Drs. 20,000 per
recommendation, as stipulated by joint de-cision of the Ministers
of National Economy and Fi-nance.
The above amounts may be readjusted by joint de-cision of the Ministers
of National Economy and Fi-nance.
Such compensations are paid in addition to per diem and travel expenses,
according to effective provisions.
Members of the inspection bodies, who are not pub-lic servants,
shall be paid a per diem and travel ex-penses equivalent to those
paid to public servants of rank A' and 1st salary bracket. In the
case of char-tered auditors or evaluators and members of inspec-tion
bodies, who shall provably not receive payment during inspection
procedures by the organisation where they are regularly employed,
added to the their compensation shall be an amount equal to the
product of the number of inspection days by the 3/44 of the basic
pay of civil servants of 1st salary bracket.
c. Members of experts work group under sub-instance (f) of para.
19 above, are remunerated ac-cording to the provisions of article
19 of Law 2470/1997.
23. Price verification
For the purpose of price verification, competent de-partments and
advisory committees may check data on the value of machinery and
equipment during the evaluation procedure, as well as at subsequent
stages, or even after the completion of the equipment leasing program
or business plan. Competent depart-ments or advisory committees
may ask the investor, the supplier or third parties to provide them
with addi-tional data and information documenting the value, for
the purpose of the verification. To verify the cost of other investment
fixed assets, competent departments and advisory committees may
use all kinds of evi-dence, such as costing norms for building and
other construction works from the Technical Chamber of Greece, taking
account of the nature and the type of the particular building construction.
Should it be es-tablished in any way, that the investment cost has
been overcharged by the investor, the application seeking eligibility
shall be rejected or the approval re-voked and any grant paid shall