1999/250/EC: Commission Decision of 14 October 1998 on measures to assist cooperatives taken by Italy under Law 49/85 (notified under document number C(1998) 2857) (Text with EEA relevance)

• Articles: 3

Article 1

The transitional application to the 17 cooperatives referred to above of aid in the form of the Special Fund capital holdings provided for in Italian Law 49/85 constitutes State aid for purposes of Article 92(1) of the Treaty which is incompatible with the common market and which must be abolished.

Article 2

Italy shall take all the measures necessary to comply with Article 1, and shall inform the Commission thereof within two months of the date of notification of this Decision.

Article 3

This Decision is addressed to the Italian Republic.

Done at Brussels, 14 October 1998.

For the Commission

Karel VAN MIERT

Member of the Commission

(1) OJ C 309, 7.10.1997, p. 3.

(2) See footnote 1.

(3) State aid measure N 26/98; letter to the Italian Government No 6278 of 24 July 1998.

(4) OJ C 368, 23.12.1994, p. 12.

(5) Bull. 9/1984.

(6) See footnote 3.