# Commission Decision (EU) 2016/154 of 22 July 2015 on State aid SA.13869 (C 68/2002) (ex NN 80/2002) — reclassification as capital of the tax-exempt accounting provisions for the renewal of the high-voltage transmission network (RAG) implemented by France in favour of EDF (notified under document C(2015) 4959) (Only the French text is authentic) (Text with EEA relevance), Article 1

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

1. The exemption from corporation tax in favour of Électricité de France for an amount of 5 882 849 762 French francs, relating to the reclassification as capital of the provisions corresponding to the value of the assets in kind allocated under concession to the high-voltage transmission network, constitutes State aid within the meaning of Article 107(1) of the TFEU.
2. The aid mentioned in paragraph 1, unlawfully granted by the French Republic, is incompatible with the internal market.

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Source: https://www.legislation.gov.uk/eudn/2016/154/article/1 (the official version)
Page: https://openlegislation.uk/eu-decision-2016-154/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

