# Commission Decision of 30 March 2004 on the State aid scheme put into effect by Italy providing for urgent measures to assist employment (notified under document number C(2004) 930) (Only the Italian version is authentic) (Text with EEA relevance) (2004/800/EC), Article 3

Extent: E+W+S+N.I.

1. Italy shall take all necessary measures to recover from the recipients the aid granted under the scheme referred to in Article 1 which has been unlawfully made available to the recipients.
2. Italy shall cancel all outstanding payments of aid with effect from the date of this Decision.
3. Recovery shall be effectuated without delay in accordance with the procedures of national law provided that they allow the immediate and effective execution of the Decision.
4. The aid to be recovered shall include interest from the date on which it was made available to the recipient until the date of its recovery.
5. Interest shall be calculated on the basis of the reference rate used for calculating the grant equivalent of regional aid on the date on which the aid was made available to the recipient.
6. The interest rate referred to in paragraph 5 shall apply on a compound basis over the entire period referred to in paragraph 4.

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Source: https://www.legislation.gov.uk/eudn/2004/800/article/3 (the official version)
Page: https://openlegislation.uk/eu-decision-2004-800/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

