# Commission Decision of 4 July 2006 on State Aid No C 30/2004 (ex NN 34/2004) implemented by Portugal exempting from corporation tax on capital gains certain operations/transactions by public undertakings (notified under document number C(2006) 2950) (Only the Portuguese version is authentic) (Text with EEA relevance) (2006/748/EC), Article 3

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

1. Portugal shall take all necessary measures to recover from the beneficiaries the aid referred to in Article 1 that was granted to them unlawfully.
2. Recovery shall be effected without delay and in accordance with the procedures of national law, provided that they allow the immediate and effective execution of this Decision.
3. The aid to be recovered shall bear interest from the date on which it was paid to the beneficiary until the date of its recovery.
4. Interest shall be calculated on the basis of the reference rate used for calculating the grant-equivalent of regional aid.

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Source: https://www.legislation.gov.uk/eudn/2006/748/article/3 (the official version)
Page: https://openlegislation.uk/eu-decision-2006-748/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

