Division (xxvii) Where appropriate and on the basis of a sufficiently reasoned request from the Belgian authorities and KBC and taking into consideration the views of the monitoring trustee, the Commission may:
United Kingdom
- (a)
extend the target dates for implementation of the divestments:
- (i)
as regards the divestments to be implemented […], the target date may be extended […], […], and subsequently […], […];
- (ii)
as regards the divestment to be implemented […], the target date may be extended […], […];
Such extension may be granted in particular when the divestments will not be implemented by these dates through no fault of KBC.
KBC will not be obliged to sell a Divestment Business […] except where […], in which case KBC shall not be obliged to sell the relevant Divestment Business […].
- (i)
- (b)
dispense with, amend or replace one or more of the measures, requirements or conditions set out in this Decision.