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92/328/EEC: Commission Decision of 20 December 1989… Article 2

92/328/EEC: Commission Decision of 20 December 1989… Article 2

Article 2

Accordingly, the aid elements of the public assistance referred to in Article 1 must be abolished with effect from the date on which it was granted. Consequently, as regards the FF 25 million advance to Brisard Machine-Outil, the French Government is hereby requested to either convert it into a normal credit on market terms as regards both interest and repayment with effect from the date on which it was granted, or withdraw the advance completely, or take any other appropriate measure to ensure that the aid elements are wholly abolished. On the contrary, the aid element in the FF 17 million advance to Berthiez Productics does not need to be abolished because the initial beneficiary went bankrupt, and the final beneficiary Berthiez SA did not take over the liabilities of Berthiez Productics.

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Other provisions in 92/328/EEC: Commission Decision of 20 December 1989…

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 92/328/EEC: Commission Decision of 20 December 1989… (LawPlayer, data as of 2026-07-04)

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