96/364/EC: Commission Decision of 21 February 1996 relating to aid granted by the French Government to Cellulose du Rhône et de l'Aquitaine (CDRA) (Only the French text is authentic) (Text with EEA relevance)

• Articles: 5

Article 1

1. The aid granted in 1978, 1981 and 1982 to Cellulose du Rhône et de l'Aquitaine (CDRA) in the form of the loans totalling FF 559,5 million and the adjustments to these loans in 1981, 1983, 1990 and 1992 are unlawful, as they were granted in breach of Article 93 (3) of the Treaty. The aid may, however, be regarded as compatible with the common market pursuant to point (c) of Article 92 (3) of the Treaty.

2. Aid totalling FF 100 million granted paid in the form of a grant in 1993 is also unlawful as it was also granted in breach of Article 93 (3). Of that aid, an amount of FF 90 615 000 is compatible with the common market pursuant to point (c) of Article 92 (3).

Article 2

Of the FF 100 million referred to in Article 1 (2), an amount of FF 9 385 000 is incompatible with the common market pursuant to Article 92 (1) of the Treaty.

Article 3

France shall abolish the aid of FF 9 385 000 referred to in Article 2 and shall order its recovery within two months of the date of notification of this Decision. Interest of 8,93 % shall be paid on that amount, starting to run from the date on which the aid was paid to the recipient.

Article 4

France shall inform the Commission, within two months of the date of notification of this Decision, of the measures it has taken to comply herewith.

Article 5

This Decision is addressed to the French Republic.

Done at Brussels, 21 February 1996.

For the Commission

Karel VAN MIERT

Member of the Commission

(1) OJ No C 206, 26. 7. 1994, p. 7.

(2) Third Competition Report, points 113 and 114.

(3) OJ No C 31, 3. 2. 1979, p. 9.

(4) OJ No C 72, 10. 3. 1994, p. 3.

(5) OJ No C 271, 29. 9. 1994, p. 17.

(6) OJ No L 91, 6. 4. 1990, p. 7.