# Commission Decision of 20 October 2004 on aid granted by Germany Landesbank Hessen-Thüringen — Girozentrale (notified under document number C(2004) 3931) (Only the German text is authentic) (Text with EEA relevance) (2006/742/EC), Article 1

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

1. The waiver of an appropriate remuneration amounting to 0,3 % a year (before corporation tax) for the part of the capital transferred by the Land of Hessen to the Landesbank Hessen-Thüringen — Girozentrale which the latter has been able to use as a guarantee as from 31 December 1998 is aid which is incompatible with the common market.
2. The aid referred to in paragraph 1 amounts to EUR 6,09 million for the period from 31 December 1998 to 31 December 2003.

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Source: https://www.legislation.gov.uk/eudn/2006/742/article/1 (the official version)
Page: https://openlegislation.uk/eu-decision-2006-742/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

