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with reference to estimates made by investment banks in london, it is claimed that the value of the tote would be at least gbp 500 million.
with reference to estimates made by investment banks in london, it is claimed that the value of the tote would be at least gbp 500 million.

as the guidelines do not contain any specific provisions for this type of aid, the scheme is to be assessed by reference to the provisions laid down in that regulation.
as the guidelines do not contain any specific provisions for this type of aid, the scheme is to be assessed by reference to the provisions laid down in that regulation.

when they register with target2-ecb , direct participants shall declare which optional message types they will use , with the exception of mt 011 and mt 012 messages in relation to which direct participants shall decide from time to time whether or not to receive them with reference to specific messages .
when they register with target2-ecb , direct participants shall declare which optional message types they will use , with the exception of mt 011 and mt 012 messages in relation to which direct participants shall decide from time to time whether or not to receive them with reference to specific messages .

(31) with regard to the compatibility of aid for the construction of new fishing vessels with the common market, the 2001 guidelines aid also make reference to the provisions of regulation (ec) no 2792/1999 as mentioned above.
(31) with regard to the compatibility of aid for the construction of new fishing vessels with the common market, the 2001 guidelines aid also make reference to the provisions of regulation (ec) no 2792/1999 as mentioned above.

(35) with regard to the doubts expressed in the report on the profits to follow from the merger between the companies, the reference to securing employment in this industry and the fact that the report does not contain sufficient data to show the profitability of the investment in question, the commission at this stage has serious doubts in considering the investment of slap in the acquisition of whalsay ltd a decision that could have been decided by a normal private investor.
(35) with regard to the doubts expressed in the report on the profits to follow from the merger between the companies, the reference to securing employment in this industry and the fact that the report does not contain sufficient data to show the profitability of the investment in question, the commission at this stage has serious doubts in considering the investment of slap in the acquisition of whalsay ltd a decision that could have been decided by a normal private investor.

(34) as the scheme seems to make no reference to the reference level for the size of the fishing fleet nor to the hygiene and safety requirement and there is obligation for the registration of the vessel in the fleet register, the commission at this stage has serious doubts that the conditions for the acquisition of a share in a new vessel during the period starting from 1 july 2001 can be considered compatible with the guidelines for the examination of state aid to fisheries and aquaculture.
(34) as the scheme seems to make no reference to the reference level for the size of the fishing fleet nor to the hygiene and safety requirement and there is obligation for the registration of the vessel in the fleet register, the commission at this stage has serious doubts that the conditions for the acquisition of a share in a new vessel during the period starting from 1 july 2001 can be considered compatible with the guidelines for the examination of state aid to fisheries and aquaculture.