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Article 2

United Kingdom

Original text. Later amendments are not shown.

1.

The Federal Republic of Germany recovers from the beneficiaries the aid that was granted in relation to the aid scheme referred to in Article 1 and that is incompatible with the internal market.

2.

The sum to be recovered shall bear interest throughout the period running from the date on which it was put at the disposal of the beneficiaries until its actual recovery.

3.

The interest shall be calculated in conformity with the provisions laid down in Chapter V of Regulation (EC) No 794/2004 and Commission Regulation (EC) No 271/2008f1 amending Regulation (EC) No 794/2004 on a compound basis.

4.

Germany shall cancel all outstanding payments of the aid referred to in Article 1 with effect from the date of adoption of this decision.

Annotations

Footnotes

f1

Commission Regulation (EC) No 271/2008 of 30 January 2008 amending Regulation (EC) No 794/2004 implementing Council Regulation (EC) No 659/1999 laying down detailed rules for the application of Article 93 of the EC Treaty (OJ L 82, 25.3.2008, p. 1).