Innosuisse may form reserves. Third-party funds referred to in Article 16 paragraph 2 may be allocated to the reserves.
Reserves may not exceed 15 per cent of the respective annual budget.1Third-party funds shall not be included in the calculation.
The Federal Council may decide that the maximum percentage under paragraph 2 may be exceeded in exceptional cases and for a limited period of time if Innosuisse's off-balance sheet commitments for innovation funding justify this measure.2
Footnotes
Amended by the Annex to the FA of 17 Dec. 2021 (Changes in the Funding of Innovation), in force since 1 Jan. 2023 (AS 2022 221;BBl 2021 480). ↩
Inserted by the Annex to the FA of 17 Dec. 2021 (Changes in the Funding of Innovation), in force since 1 Jan. 2023 (AS 2022 221;BBl 2021 480). ↩
0 commentaries
No commentaries are available for this article yet.