Article 3
United Kingdom
1.
France shall recover the aid referred to in Article 2 from the beneficiary.
2.
The sums to be recovered shall bear interest from the date on which they were put at the disposal of the beneficiary until their actual recovery.
3.
The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004f1.
4.
France shall cancel all outstanding payments of the aid referred to in Article 2 with effect from the date of notification of this Decision.
Annotations
Footnotes
- f1
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Commission Regulation (EC) No 794/2004 of 21 April 2004 implementing Council Regulation (EC) No 659/1999 laying down detailed rules for the application of Article 93 of the EC Treaty (OJ L 140, 30.4.2004, p. 1).