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Decision

75/397/EEC: Commission Decision of 17 June 1975 on the aids granted by the Belgian Government pursuant to the Law of 17 July 1959 introducing and coordinating measures to encourage economic expansion and the creation of new industries (Only the French and Dutch texts are authentic)

CELEX
Date of document
Articles
3
Source
EUR-Lex
Article 1

The Kingdom of Belgium shall take the necessary measures to ensure that aids granted under the Law of 17 July 1959 are henceforth granted only on the following conditions: (1)OJ No L 105, 4.5.1972, p. 13. (2)See also Commission Decision No 73/293/EEC of 11 September 1973 on aids which the Belgian Government intended to give to refineries at Antwerp and Kallo : OJ No L 270, 27 September 1973, p. 22. - where such aids are granted in connection with programmes affecting all undertakings in a given industry or in a given geographical area, the programmes shall be notified to the Commission giving it time to state its views in advance ; the notification shall contain all the information which the Commission normally requires in order to assess a scheme of aid for a specific industry or region (nature of the industry or of the region, objectives, particulars and intensity of the aids);

- where such aids are given to an individual undertaking or to a restricted number of undertakings, all individual significant cases as defined in Article 2 shall be notified to the Commission giving it time to state its views in advance ; such notification shall provide the same information as required under subparagraph (a).

Article 2

For purposes of Article 1, second paragraph, the following shall constitute significant cases: - cases where the value of the investment is 2 million u.a. or more, regardless of the value of the aid;

- cases where the value of the aid, expressed as net subsidy equivalent, is 15 % or more of the value of the investment, regardless of the value of the investment.

Article 3

This Decision is addressed to the Kingdom of Belgium.

Done at Brussels, 17 June 1975.

For the Commission

The President

François-Xavier ORTOLI

3 articles

Cite this act

75/397/EEC: Commission Decision of 17 June 1975 on the aids granted by the Belgian Government pursuant to the Law of 17 July 1959 introducing and coordinating measures to encourage economic expansion and the creation of new industries (Only the French and Dutch texts are authentic) (EUR-Lex). Retrieved via LawPlayer, https://lawplayer.com/eu/act/31975D0397

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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