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Article 2

United Kingdom

Original text. Later amendments are not shown.

1.

Spain shall refrain from any further grant of aid to the recipient via the measures referred to in Article 1.

With regard to payments already authorised but not made by the date of adoption of this Decision, Spain may require the reimbursement of all payments made after the date of adoption of this Decision or as of that date shall adjust the conditions of the measures listed in Article 1 to market conditions as referred to in this Decision.

2.

Spain shall take all necessary measures to recover from the recipient the aid referred to in Article 1.

3.

Recovery shall be effected without delay in accordance with the procedures under national law, provided these allow the immediate and effective implementation of this Decision. The sums to be recovered shall bear interest throughout the period running from the date on which they were first put at the disposal of the recipient until their actual recovery. The interest rate to be applied shall be the reference rate used for calculating the grant equivalent of regional aid.

The interest rate referred to in the first subparagraph shall be applied on a compound basis throughout the entire period referred to therein.