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1999/718/EC: Commission Decision of 24 February 1999… Article 2

1999/718/EC: Commission Decision of 24 February 1999… Article 2

Article 2

1. Spain shall take the necessary measures to: (a) recover from the beneficiary company the aid referred to in Article 1(a), (b) and (c), which was granted to it illegally; (b) withdraw from the beneficiary company the benefits deriving from the aid referred to in Article 1(d) and (e), which was granted to it illegally. 2. The aid shall be recovered in accordance with the procedures and provisions laid down in Spanish law. The sums to be recovered shall include the interest which has accrued between the granting of the aid and the date on which it is actually repaid. The interest shall be calculated on the basis of the reference rate used to calculate the grant equivalent of regional aid in Spain.

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Other provisions in 1999/718/EC: Commission Decision of 24 February 1999…

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 1999/718/EC: Commission Decision of 24 February 1999… (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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