Article 6 Degression of aid
United Kingdom
The overall amount of aid to the coal industry granted in accordance with Article 4 and Article 5(3) shall follow a downward trend so as to result in a significant reduction. No aid for the reduction of activity may be granted under Article 4 beyond 31 December 2007.
The overall amount of aid to the coal industry granted in accordance with Articles 4 and 5 shall not exceed, for any year after 2003, the amount of aid authorised by the Commission in accordance with Articles 3 and 4 of Decision No 3632/93/ECSC for the year 2001.
F1By way of derogation from the preceding subparagraph, for the Member States acceding to the Union on 1 May 2004, the overall amount of aid to the coal industry granted in accordance with Articles 4 and 5 shall not exceed, for any year after 2004, the amount of aid authorised by the Commission in accordance with Article 10 for the year 2004.
F2By way of derogation from the first subparagraph, for the Member States acceding to the Union on 1 January 2007 , the overall amount of aid to the coal industry granted in accordance with Articles 4 and 5 shall not exceed, for any year after 2007, the amount of aid authorised by the Commission in accordance with Article 10 for the year 2007.
Annotations
Textual amendments
- F1
- F2