An agreement is in force between the Ministry of Education and Culture, and HAC. A large part of the institution's activities are based on this agreement, which is accompanied by funding that is close to half of the institution's turnover each year.
Below is a copy of the current co-operation agreement between the Ministry of Education and Culture and HAC. This agreement was signed by Illugi Gunnarsson, Minister of Education and Culture, and Óli Halldórsson, Director of HAC at the Ministry of Education and Culture, on January 29th, 2014.
At the initiative of the Ministry of Education and Culture, the agreement from 2014-2016 has been extended twice to one year at a time with an appendix, without substantive changes:
Agreement between HAC and MRN 2014-2016
Annex to the agreement between HAC and MRN 2017
Annex to the agreement between HAC and MRN 2018
Annex to the agreement between HAC and MRN 2019
Annex to the agreement between HAC and MRN 2020
