{
  "url": "https://openlegislation.uk/eu-decision-2010-396/annex/division-2/division-4/division-xix",
  "json_url": "https://openlegislation.uk/eu-decision-2010-396/annex/division-2/division-4/division-xix.json",
  "legislation": "eudn/2010/396",
  "legislation_title": "Commission Decision of 18 November 2009 on the State aid C 18/09 (ex N 360/09) implemented by Belgium for KBC (notified under document C(2009) 8980) (Only the English text is authentic) (Text with EEA relevance) (2010/396/EC)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2010-396",
  "path": "annex/division/2/division/4/division/xix",
  "kind": "division",
  "number": "(xix)",
  "heading": "With regard to preserving the value of the divestment businesses, the Belgian authorities commit that KBC will ensure that:",
  "text": "(a) the divestment business shall retain tangible and intangible assets owned by it which contribute to its current operation or are necessary to ensure its viability and competitiveness;\n(b) the divestment business shall retain all (a) licences, permits and authorisations issued by any public authority for its benefit; (b) its contracts, leases, commitments and customer orders; and (c) its relevant records which contribute to its current operation or are necessary to ensure its viability and competitiveness;\n(c) the divestment business shall employ the appropriate number of staff with the necessary capabilities to ensure its viability and competitiveness. KBC shall take all reasonable steps, including incentives taking into account industry practice, to encourage all key personnel to remain with the Divestment Businesses. It shall also not solicit the key personnel transferred with the Divestment Business. […].",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Key personnel means all personnel necessary to maintain the viability and competitiveness of the Divestment Businesses."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2010/396/annex/division/2/division/4/division/xix",
    "retrieved_at": "2026-11-01T15:16:04.602874+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."
}