# Commission Decision (EU) 2015/1587 of 7 May 2015 on the State aid SA.35546 (2013/C) (ex 2012/NN) implemented by Portugal for Estaleiros Navais de Viana do Castelo S.A. (notified under document C(2015) 3036) (Only the English text is authentic) (Text with EEA relevance), Article 2

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

1. Portugal shall recover the incompatible aid referred to in paragraph 2 of Article 1 from the beneficiary (including, where applicable, the interests accrued and not paid by ENVC), with the exception of the shipbuilding subsidies linked to contracts C206, C211, C217, C218, C219, C220, C221 and C222 (for an overall amount of EUR 11 279 009,01) for them being subject to the 10-year limitation period laid down in Article 15 of Regulation (EC) No 659/1999.
2. Such recovery of incompatible State aid shall not concern WestSea.
3. 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.
4. The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004, and to Commission Regulation (EC) No 271/2008 amending Regulation (EC) No 794/2004.
5. Portugal shall cancel all outstanding payments of aid, if any, with effect from the date of adoption of this decision.

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Source: https://www.legislation.gov.uk/eudn/2015/1587/article/2 (the official version)
Page: https://openlegislation.uk/eu-decision-2015-1587/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.