96/474/EC: Commission Decision of 7 February 1996 on aid… Article 3
96/474/EC: Commission Decision of 7 February 1996 on aid… Article 3
Article 3
Italy shall arrange to recover the aid referred to in Article 1, within two months of the date of notification of this Decision, namely by calling for reimbursement, with interest, of any sum already paid over.
Such recovery shall be undertaken in accordance with the procedures and provisions of national legislation. The sums to be recovered shall be subject to interest from the date of grant of the aid. Interest shall be calculated at the commercial rate, by reference to the rate used to calculate the subsidy equivalent for the purposes of regional aid.
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 96/474/EC: Commission Decision of 7 February 1996 on aid… (LawPlayer, data as of 2026-07-04)