OpenLegislation

Article 1

United Kingdom

Original text. Later amendments are not shown.

The notified tax exemption constitutes State aid within the meaning of Article 87(1) of the EC Treaty.

The State aid which the Slovak Republic is planning to implement for Glunz&Jensen s.r.o., amounting to SKK 42 million (EUR 1,15 million), is incompatible with the common market.

The aid may therefore not be implemented.