# Commission Decision of 12 May 2009 on State aid which Germany proposes to grant towards the restructuring of WestLB AG (C 43/08 (ex N 390/08)) (notified under document C(2009)3900) (Only the German text is authentic) (Text with EEA relevance) (2009/971/EC), Article 2

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

1. The restructuring plan for WestLB submitted by Germany on 8 August 2008, as last amended by Germany’s communication of 30 April 2009, must be implemented, subject to all the conditions set out in the Annex and in accordance with the timetable announced.
2. If appropriate, for example in view of a continuation of the current crisis on financial markets, the Commission may, in response to a properly reasoned application on the part of Germany:
(a) allow an extension of the deadlines laid down in the Annex, or
(b) in exceptional circumstances, dispense with, amend or replace one or more of the conditions set out in the Annex.
If Germany wishes to request the extension of a deadline, it must submit a properly reasoned application to the Commission no later than two months before the expiry of that deadline.

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Source: https://www.legislation.gov.uk/eudn/2009/971/article/2 (the official version)
Page: https://openlegislation.uk/eu-decision-2009-971/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.