Key Benefits:
Publication of grants to the Danish Design Center
Purline 3, paragraph 3. Two, in Law No 602 of 24. June 2005 on business promotion and, by the authority of section 1, in the notice of publication No 1. 1283 of 12. In December 2005, laying down certain powers on business promotion to the Errecruitment and Construction Authority shall be laid down :
Objective
§ 1. The aim of the Danish Design Centers is to promote the use of design in industry and the professionalism of the design business, as well as to document, promote and brand Danish design nationally and internationally.
Scope of application
§ 2. This notice shall apply as long as Danish Design Center receives grants from the Ministry of Economic and Commercial, in accordance with the law of business promotion.
Paragraph 2. The rights and obligations arising from this notice shall also apply to other legal entities owned by Danish Design Center and which receive grants from the Ministry of Economic and Commercial Acquisitions under law on business promotion.
Conditions for grants
§ 3. As a condition for receiving subsidies, the Danish Design Center must enter into an annual performance contract with the Economic and Business Ministry, where the activities of Danish Design Centers are to be determined.
Paragraph 2. The Danish Design Center is subject to the supervision and economic control of the Errecruitment and Construction Authority as described in this notice, Danish Design Centers Statutes and Conditions of Undertaking, or in addition to, Finance-and The Corporate Ministry's performance contract with the Danish Design Center.
Funding
§ 4. The advance to the Danish Design Center will be determined in a result contract, cf. section 3 of the annual Finance Bill appropriation.
Budget, Accounting & Revision
§ 5. The Danish Design Center shall draw up a budget for the Centre ' s activities in the coming year, which shall be submitted to the Administrative Board at the latest in December of this year. The management of the budget shall be submitted by the Administrative Board to the Agency for Errecruitment and Construction. The budget shall be drawn up by guidelines drawn up by the Agency for the Development and Construction Authority.
§ 6. The Danish Design Centre shall draw up at the end of the year an annual report for the financial year, cf. § 7 and 8.
Paragraph 2. The Danish Design Centers revised annual report, including a management report and a copy of the audit protocol, shall be approved by the Management Board and shall be submitted to the Agency for the Acquire and Construction Agency within four months of the expiry of the financial year.
Paragraph 3. The management report shall :
1) describe the main activities of the centre
2) account for the development of the centre ' s activities ;
3) mention significant events that have been taken after the closure of the financial year ;
4) describe the expected development of the centre, including specific preconditions and insecure factors that the management has provided for the description.
§ 7. The Danish Design Center must at least submit its annual report according to the rules for companies covered by accounting class A in the annual accounting law.
§ 8. The Danish Design Centers annual report shall be subject to the revision of a state sautorised or registered auditor.
Paragraph 2. The Danish Design Centers auditor shall be subject to the audit structure which forms part of the terms and conditions, cf. Section 3, paragraph 3. 2.
Paragraph 3. The Danish Design Center must inform the Agency for the name of the elected accountant of the centre. In the case of changes in the auditor, the Errecruitment and Construction Board shall be informed of this.
§ 9. The audit shall be carried out in accordance with recognised auditing standards and a good public audit practice.
Paragraph 2. As part of the audit, the auditor examines the existing business practices, including the registration of the subsidy-trigger factors, to ensure that internal controls are reassuring.
Paragraph 3. The audit shall comply with further requirements concerning the audit, which the Erk and Construction Board shall make to the auditor ' s performance of its duties.
Paragraph 4. The Agency for the Enterprise and the City of Construction may be subject to the auditor to provide information on the conditions of the centre.
Other than oversight
§ 10. The Agency for the Enterprise and the City of Construction shall approve exceptional arrangements which may lead to the possibility of non-compliance with the regulations and the purchase, sale or the pawned property of real estate.
Paragraph 2. The Enterprise and the Construction Board must approve amendments to the Danish Design Centers ' Statute.
§ 11. The Danish Design Center shall provide and provide the Management Board the information that the Management Board considers necessary for the supervision and control of the Danish Design Center. The Danish Design Center shall discourage the costs incurred by the acquisition of such information.
Paragraph 2. The Danish Design Center shall give the auditor the information which it considers to be necessary for the auditor to perform his profession, including the evaluation of the Centre ' s annual report.
§ 12. Transmission of the material and information referred to in sections 5 and 6 may be done electronically with a digital signature.
Complaguing and entry into force
§ 13. The decisions of the business and construction of the Construction of the Construction may not be brought to the second administrative authority.
§ 14. The announcement shall enter into force on 1. May 2008.
