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95/438/EC: Commission Decision of 14 March 1995 concerning… Article 3

95/438/EC: Commission Decision of 14 March 1995 concerning… Article 3

Article 3

The aid granted and consisting of: 1. the non-refundable grant of Pta 182 million, 2. the amount represented by the annual premium of 3 % inherent in the government guarantee to cover the loan of Pta 490 million, applied since April 1990 until the date on which the aid referred to in Article 2 ceases, 3. the amount already paid of the Pta 150 million, corresponding to the interest subsidy of seven percentage points on the above loan, 4. the donation of land valued at Pta 2,3 million; shall be recovered in accordance with the procedures and provisions of Spanish law, in particular the provisions concerning interest due for late payment of amounts owing to the State, which shall be calculated from the date on which the aid was paid until the date on which it is actually reimbursed.

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Other provisions in 95/438/EC: Commission Decision of 14 March 1995 concerning…

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 3 of 95/438/EC: Commission Decision of 14 March 1995 concerning… (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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