OpenLegislation

Article 6

United Kingdom

Original text. Later amendments are not shown.

1.

Germany shall recover the incompatible aid referred to in Article 3(2) from the beneficiaries according to the method described in Annex III.

2.

The sums to be recovered shall bear interest from the date on which they were put at the disposal of the beneficiaries 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.

Germany shall cancel all outstanding payments of aid under the scheme referred to in Article 3(2) with effect from the date of adoption of this Decision.

Annotations

Footnotes

f1

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).