The Financial Shield: Make an error in the paperwork, pay back the money

20.05.2020 Publications

A beneficiary who collected a subsidy on the basis of untrue declarations must return the funds within 14 business days after collecting them. As much is provided for in the newly promulgated rules of recourse to the Financial Shield corona crisis funds coming into force on 28 May. Recipient companies are well advised to make sure that they meet the criteria for classification as a small enterprise or, as the case may be, as a medium-sized enterprise, and that their application for aid is signed and submitted by a competent company officer.

An enterprise which received a financial subsidy on the basis of untrue declarations (where these declarations concerned facts / circumstances upon which eligibility for the aid was predicated) must promptly return it to a special bank account within 14 business days following its receipt […]

 

The full text of this article is available for download in Polish. If you are interested in an English-language version or in discussing the issues raised herein with one of our lawyers, please contact: kontakt@gessel.pl

They may interest you

13.10.2023

Kto i na jakich zasadach może stworzyć biogazownię rolniczą?

W wywiadzie z Świat OZE, Maciej Boryczko dzieli się swoją wiedzą na temat przyszłości biogazowni rolniczych w Polsce. ➡️ Kto i gdzie zbuduje taką instalację? Dowiedz si...

Publications
Kto i na jakich zasadach może stworzyć biogazownię rolniczą?

31.07.2023

WORKING REMOTELY FROM ABROAD

On 29 June 2023, the President of the Social Insurance Institution signed the Framework Agreement on cross-border remote working.In addition to Poland, signatories to th...

Publications
WORKING REMOTELY FROM ABROAD
All publications

Do you want to be up to date?

Subscribe to the newsletter!