# Commission Decision of 18 July 2011 on State aid C 15/09 (ex N 196/09), which Germany implemented and is planning to implement for Hypo Real Estate (notified under document C(2011) 5157) (Only the German text is authentic) (Text with EEA relevance) (2012/118/EU), Division (iii): Germany undertakes to ensure that:

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

(a) not later than four weeks after notification of the decision, HRE will submit the names of two or more persons to the Commission for approval as Monitoring Trustee; and
(b) as soon as it becomes clear that reprivatisation of PBB cannot be completed by 31 December 2015, and not later than 30 September 2015, HRE will submit the names of one or more persons to the Commission for approval as Divestiture Trustee.

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Source: https://www.legislation.gov.uk/eudn/2012/118/annex/division/ANNEX/division/A/division/iii (the official version)
Page: https://openlegislation.uk/eu-decision-2012-118/annex/division-ANNEX/division-A/division-iii
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

