The Danish Business Authority is still administering a few Industrial Co-operation Contracts from before 1 July 2014.
Below you can read the specific guidelines for Industrial Co-operation Contracts from before 1 July 2014.
What is the scope fulfilment?
For an Industrial Co-operation Contract that has been signed under the guidelines from before 1 July 2014, the scope of fulfilment is listed in the contract. This scope remains unaffected.
What multipliers can be approved in development projects?
An Industrial Co-operation Contract from before 1 July 2014 does not specify which multipliers can be approved for development projects. Hence, the multipliers will be approved under the current guidelines.
Can new banking agreements be entered?
For an Industrial Co-operation Contract that has been signed under the guidelines from before 1 July 2014, it is possible to enter a five-year banking agreement in accordance with Article 4 in the contract, if the obligation has surplus credit at the end of the fulfilment period.
Banking agreements cannot be entered under the 2014 and 2021 administrative guidelines.
The reason is that industrial co-operation has to be linked to the safeguarding of specific security interests identified on a case-by-case basis in relation to the individual acquisition.
Can existing banking agreements be used to offset new obligations for industrial co-operation?
Existing banking agreements continue unaffected. Banking can be used to offset new obligations for industrial co-operation until the banking agreement expires.
Can new swap agreements be entered?
Swap agreements cannot be entered under the 2014 and 2021 administrative guidelines. The reason is that industrial co-operation has to be linked to the safeguarding of specific security interests identified on a case-by-case basis in relation to the individual acquisition.