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Article 11

United Kingdom

Original text. Later amendments are not shown.

1.

Poland shall recover the aid defined in the foregoing articles from the recipient. Recovery shall take place in accordance with the guidelines set out in recitals 384-401 of this decision.

2.

The amounts to be recovered shall bear interest from the day on which they were made available to Gdynia Shipyard until their actual recovery.

3.

Interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004f1 and of Commission Regulation (EC) No 271/2008f2 amending Regulation (EC) No 794/2004.

4.

Poland shall cancel all outstanding payments of the aid referred to in Article 1 with effect from the date of adoption of this decision.

Annotations

Footnotes

f1

OJ L 140, 30.4.2004, p. 1.

f2

OJ L 82, 25.3.2008, p. 1.