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88/138/EEC: Commission Decision of 22 December 1987… Article 2

88/138/EEC: Commission Decision of 22 December 1987… Article 2

Article 2

For the infringements described in Article 1, a fine of six million ECU is hereby imposed on Hilti AG. The fine shall be paid into: (a) account No 59000204, Commission of the European Communities (for payment in ECU), Lloyds Bank plc, The Manager, Payments Section, Overseas Centre, PO Box 63, 38a Paradise Street, UK-Birmingham B1 2 AB; (b) account No 108.63.41, Commission of the European Communities (for payment in pounds sterling), Lloyds Bank plc, Overseas Department, PO Box 19, 6 Eastcheap, UK-London EC3P 3AB, within three months from the date of notification of this Decision. After three months interest shall automatically be payable at the rate charged by the European Monetary Cooperation Fund on its ECU operations on the first working day of the month in which this Decision was adopted plus 3,5 percentage points, i.e. 10,25 %. Should payment be made in pounds sterling the exchange rate applicable shall be that prevailing on the day preceding payment.

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Other provisions in 88/138/EEC: Commission Decision of 22 December 1987…

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 2 of 88/138/EEC: Commission Decision of 22 December 1987… (LawPlayer, data as of 2026-07-04)

© 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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