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the cost of a reference investment which creates the same capacity but which does not provide the same environmental benefits, would not be subtracted.
the cost of a reference investment which creates the same capacity but which does not provide the same environmental benefits, would not be subtracted.

note that we will only consider these letters , or any other supporting documents which you would not have uploaded in the application form , if they have reached us before the closing date of the application .
note that we will only consider these letters , or any other supporting documents which you would not have uploaded in the application form , if they have reached us before the closing date of the application .

(25) public investments are regarded state aid if the investments are decided under circumstances which would not be acceptable for a private investor acting under normal market economy principles.
(25) public investments are regarded state aid if the investments are decided under circumstances which would not be acceptable for a private investor acting under normal market economy principles.

an investment would not be considered in line with this principle where the financial position of the company, and particularly the structure and volume of its debt, is such that a normal return cannot be expected within a reasonable time from the investment.
an investment would not be considered in line with this principle where the financial position of the company, and particularly the structure and volume of its debt, is such that a normal return cannot be expected within a reasonable time from the investment.

(16) public loans must be regarded to benefit undertakings if they are decided upon in circumstances which would not be acceptable to a private investor acting under normal market-economy principles.
(16) public loans must be regarded to benefit undertakings if they are decided upon in circumstances which would not be acceptable to a private investor acting under normal market-economy principles.

the profits generated by the tote would not be paid to the government as dividends but would either remain within the corporation or be distributed on a voluntary basis to the horseracing sector (for instance, in the form of direct payments to racecourses and through a commercial sponsorship programme).
the profits generated by the tote would not be paid to the government as dividends but would either remain within the corporation or be distributed on a voluntary basis to the horseracing sector (for instance, in the form of direct payments to racecourses and through a commercial sponsorship programme).

jeg citerer på engelsk, og jeg håber, at tolkene vil følge mig. »1949 eritrea's fate. rome, foreign minister sforza said that the interests of three powas — great britain, italy and ethiopia — are involved in the problem of eritrea, former italian african colony. count sforza expressed the hope that eritrea would not be annexed to ethiopia. the attempt to reconcile these interests at the expense of eritrea by territorial partition recalls the old saamble for africa. count sforza said it was repugnant. he said eritrea could achieve independence after a period of trusteeship administration.«
ik citeer in het engels en ik hoop dat de tolken mij willen volgen. „1949 eritrea'sfate. rome, foreign minister sforza said that the intaests ofthree powas — great britain, italy and ethiopia — are involved in the problem of eritrea, former italian african colony. count sforza expressed the hope that eritrea would not be annexed to ethiopia. the attempt to reconcile these intaests at the expense of eritrea by territorial partition recalls the old saamblefor africa. count sforza said it was repugnant. he said eritrea could achieve independence afta a period of trusteeship administration."