Commission Decision (EU) 2015/320 of 27 January 2015 on SA.26547 (11/C) (ex- NN 49/10 and CP 241/2008) — Belgium — Foundation for the sustainable development of fisheries — Misuse of aid N 274/03 (notified under document C(2015) 321) Text with EEA relevance
Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
By engaging into the projects consisting in the development of a commercial name and publicity, the exploitation of 87 additional cages, the Dagverse vis promotion campaign and the finding of new stocks of shellfish, SDVO did not act in conformity with Commission decision of 16 December 2003 on State aid N 274/03. Aid thus misused by the beneficiary is incompatible with the internal market.
1. Belgium shall recover from SDVO the misused aid concerning the projects consisting in the development of a commercial name and publicity, the exploitation of 87 additional cages, the Dagverse vis promotion campaign and the finding of new stocks of shellfish. 2. The sums to be recovered shall bear interest from the date on which they were put at the disposal of the recipients until their actual recovery. 3. The interest shall be calculated on a compound basis in accordance with Chapter V of Regulation (EC) No 794/2004 and Commission Regulation (EC) No 271/2008 ( 8 ) amending Regulation (EC) No 794/2004.
1. Recovery of the aid granted referred to in Article 1 shall be immediate and effective. 2. Belgium shall ensure that this Decision is implemented within four months following the date of notification of this Decision.
1. Within two months following notification of this Decision, Belgium shall submit the following information: (a) documentation relating to the aid referred to in Article 1 showing the total amount of aid related to the projects mentioned in Article 2. The information shall be provided using the questionnaire attached in Annex I to this Decision; (b) the total amount to be recovered (principal and interest); (c) a detailed description of the measures already taken or planned to comply with this decision; (d) documentation demonstrating that the recipient has been ordered to repay the aid. 2. Belgium shall keep the Commission informed of the progress of the national measures taken to implement this Decision until recovery of the aid referred to in Article 1 has been completed. It shall immediately submit, upon request by the Commission, information on the measures already taken and planned to comply with this Decision. It shall also provide detailed information concerning the amounts of aid and interest already recovered from the recipient.
This Decision is addressed to the Kingdom of Belgium.
Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.