93/193/EEC: Commission Decision of 23 December 1992 on the aid granted for the creation of industrial enterprises in Modane, Savoy (France), considered in the light of Articles 92 and 94 of the EEC Treaty (Only the French text is authentic)

• Articles: 6

Article 1

1. The tax exemptions, the staff recruitment and training aid and the measures taken by Sofirem and local authorities described in point III A are compatible with the common market.

2. Order No 87-214 of 25 March 1987 on the power reserves of hydroelectric undertakings provided for by Article 10 of the Hydraulic Energy Law of 16 October 1919 as amended by the Mountain Areas Law of 9 January 1985 is compatible with the common market on the conditions hereinafter set out.

Article 2

Before 1 March 1993 the French authorities shall take the measures necessary to ensure that the total granted in electricity price reductions to any one undertaking does not exceed ECU 50 000 in any period of three years.

Article 3

The French authorities shall ensure that the Community rules on the overlapping of aid measures of minor importance and on the overlapping of aid granted for different purposes are complied with.

Article 4

Industries governed by special Community rules on State aid, laid down under the EEC and ECSC Treaties, are excluded from the scope of this Decision.

Article 5

The French Government shall inform the Commission no later than 30 April 1993 of the measures it has taken to comply with this Decision.

Article 6

This Decision is addressed to the French Republic.

Done at Brussels, 23 December 1992.

For the Commission

Karel VAN MIERT

Member of the Commission

(1) Letter to the Office of the French Permanent Representative No 4487, 16 December 1991.

(2) OJ No C 149, 13. 6. 1992, p. 4.

(3) OJ No C 213, 19. 8. 1992, p. 4.