{
  "url": "https://openlegislation.uk/eu-decision-2012-118/annex/division-ANNEX/division-B/division-iii",
  "json_url": "https://openlegislation.uk/eu-decision-2012-118/annex/division-ANNEX/division-B/division-iii.json",
  "legislation": "eudn/2012/118",
  "legislation_title": "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)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2012-118",
  "path": "annex/division/ANNEX/division/B/division/iii",
  "kind": "division",
  "number": "(iii)",
  "heading": null,
  "text": "If reprivatisation of PBB has not been completed by 31 December 2015, the Divestiture Trustee will sell PBB to a purchaser without specifying a minimum price provided that the Commission has approved both the purchaser and the final binding purchase agreement. The Divestiture Trustee will include in the purchase agreement such terms and conditions as it considers appropriate for an expedient sale. The Divestiture Trustee may include in the purchase agreement such customary provisions relating to representation, warranties and indemnification as are reasonably required to effect the sale. The Divestiture Trustee will protect the legitimate financial interests of Germany and HRE.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2012/118/annex/division/ANNEX/division/B/division/iii",
    "retrieved_at": "2026-11-01T15:15:31.821595+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."
}