97/364/EC: Commission Decision of 5 February 1997… Article 3

Article 3

Denmark shall require the shipyard concerned to repay the excess aid granted amounting to Dkr 1,018 million (ECU 137 000, January 1997) in accordance with the procedures and provisions laid down by Danish law relating to interest on arrears for debts to the State, with interest running from the date on which the unlawful aid was paid at an interest rate equal to the reference rate that was used at the time to calculate the net grant equivalent of the various types of aid in Denmark.

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Other provisions in 97/364/EC: Commission Decision of 5 February 1997…

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 97/364/EC: Commission Decision of 5 February 1997… (LawPlayer, data as of 2026-07-04)

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