Innosuisse Act (SIAA)
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.
Art. 14 Funding
Innosuisse activities are funded by: a. federal contributions (Art. 15); b. third-party funds (Art. 16); c. reclaimed amounts paid under the Federal Act of 5 October 1990 on Financial Assistance and Subsidies.
let. c — SR 616.1
Art. 15 Federal contributions
The Swiss Confederation shall provide Innosuisse with annual contributions to cover the expenses incurred in relation to the tasks referred to in Article 3, paragraphs 2-4 and 6, as well as to cover Innosuisse’s operating costs.
Art. 16 Third-party funds
1 Innosuisse may accept or secure funds from third parties insofar as this is compatible with Innosuisse’s purpose, tasks and independence. 2 Third-party funds originate in particular from donations from third parties.
Art. 17 Annual report
1 The annual report shall be comprised of the annual financial statements (individual financial statements) and the management report. 2 The annual financial statements shall be comprised of a balance sheet, income statement and notes to the annual financial statements. 3 The management report shall include, in particular, information on risk management, personnel policy priorities and the vested interests of members of Innosuisse bodies and the experts referred to in Article 10 paragraph 2. 4 The annual financial statements and management report shall be audited by the Auditing Body.
Art. 18 Financial reporting
1 Innosuisse financial reporting presents an accurate picture of net assets, financial position and results of operations. 2 This financial reporting adheres to the principles of materiality, completeness, comprehensibility, consistency and gross presentation and is based on generally accepted standards. 3 The accounting and valuation rules derived from accounting principles must be disclosed in the annex to the balance sheet. 4 The operational accounting system must be structured in such a way that expenses and income from the individual funding activities can be reported. 5 The Federal Council may issue rules on financial reporting.
Art. 19 Reserves
1 Innosuisse may form reserves. Third-party funds referred to in Article 16 paragraph 2 may be allocated to the reserves. 2 Reserves may not exceed 15 per cent of the respective annual budget. Third-party funds shall not be included in the calculation. 3 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.
Para. 2 — 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). Para. 3 — 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).
Art. 20 Treasury management
1 The Federal Finance Administration (FFA) shall manage Innosuisse's liquid assets as part of its centralised treasury management activities. 2 In order to ensure that Innosuisse has adequate liquidity to perform its duties under Article 3, the FFA shall grant Innosuisse loans under market terms and conditions. 3 The FFA and Innosuisse shall formalise the details in a public law contract.
Art. 21 Taxation
1 Innosuisse is exempted from all federal, cantonal and communal taxes within the framework of its activities. 2 Federal legislation on the following shall remain reserved: a. Value-added tax; b. Withholding tax; c. Stamp duties.
Art. 22 Real estate property
1 The Confederation shall lease the necessary real estate property to Innosuisse. 2 The Confederation shall retain ownership of said real estate property. The Confederation shall also provide for maintenance. 3 The Confederation shall lease the real estate property to Innosuisse for a reasonable sum. 4 The reasons for the lease and specific details shall be formalised in a public law contract between the Confederation and Innosuisse. 5 Innosuisse may, in consultation with the Confederation, lease the necessary properties from a source outside the Confederation or secure usufruct from third parties if this is expedient.