{
  "url": "https://openlegislation.uk/eu-decision-2006-177/article-3",
  "json_url": "https://openlegislation.uk/eu-decision-2006-177/article-3.json",
  "legislation": "eudn/2006/177",
  "legislation_title": "Commission Decision of 19 May 2004 on State aid No C 4/2003 (ex NN 102/2002) implemented by Italy for WAM SpA (notified under document number C(2004) 1812) (Only the Italian version is authentic) (Text with EEA relevance) (2006/177/EC)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2006-177",
  "path": "article/3",
  "kind": "article",
  "number": "3",
  "heading": null,
  "text": "1. Italy shall refrain from granting WAM SpA any further aid in the form of an interest-rate subsidy by way of the measure which is the subject of this decision and which is referred to in Article 2(2) above by either ordering the immediate repayment of the loan granted or by adjusting, as of the date of this decision, the interest rate on the loan in line with the reference rate applicable at the time the loan was granted and fixed by the Commission for the purpose of calculating the grant equivalent of regional aid.\n2. The reference rate referred to in paragraph 1 of this Article shall be applied on a compound basis throughout the periods referred to in points (a) and (b) of the second subparagraph of Article 2(3).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2006/177/article/3",
    "retrieved_at": "2026-11-01T15:17:40.736535+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}