{
  "url": "https://openlegislation.uk/eu-decision-2015-454/annex/chapter-III/section-B/division-3/division-24",
  "json_url": "https://openlegislation.uk/eu-decision-2015-454/annex/chapter-III/section-B/division-3/division-24.json",
  "legislation": "eudn/2015/454",
  "legislation_title": "Commission Decision (EU) 2015/454 of 9 July 2014 on the State aid SA.34823 (2012/C), SA.36004 (2013/NN), SA.37965 (2013/N), SA.37966 (2013/N), SA.37967 (2013/N) implemented by Greece for Alpha Bank Group relating to: Recapitalisation and restructuring of Alpha Bank S.A., Resolution of Cooperative Bank of Western Macedonia through a transfer order to Alpha Bank S.A., Resolution of Evia Cooperative Bank through a transfer order to Alpha Bank S.A., Resolution of the Cooperative Bank of Dodecanese through a transfer order to Alpha Bank S.A. (notified under document C(2014) 4662) (Only the English text is authentic) (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2015-454",
  "path": "annex/chapter/III/section/B/division/3/division/24",
  "kind": "division",
  "number": "(24)",
  "heading": null,
  "text": "The credit criteria applied to employees/managers/shareholders shall be no less strict than those applied to other, non-connected borrowers. If the total credit exposure to a single employee/manager/shareholder exceeds an amount equal to a [[…]] fixed salary for secured loans and an amount equal to a [[…]] fixed salary for unsecured loans, the exposure shall be reported promptly to the Monitoring Trustee who may intervene and postpone the granting of the loan pursuant to the procedure described in paragraph (25) of Chapter III of the Commitments.",
  "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/2015/454/annex/chapter/III/section/B/division/3/division/24",
    "retrieved_at": "2026-11-01T15:14:25.798006+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."
}