Article 3
This Decision is addressed to the Kingdom of Spain. Done at Brussels, 19 June 2002. For the Commission Mario Monti Member of the Commission (1) OJ C 231, 17.8.2001, p. 2. (2) OJ C 107, 7.4.1998, p. 7. (3) See footnote 1. (4) In the text below, reference and discount rate: 5,7 %; tax rate: 32,5 %. Straight-line depreciation over a period of 20 years. (5) In the text below, reference and discount rate: 5,7 %; tax rate: 32,5 %. Straight-line depreciation over a period of 20 years. (6) The maximum allowable intensity for a large investment project under the multisectoral framework is calculated according to the formula set out in point 3,10 of the framework. It is obtained by multiplying the regional ceiling (R) by the coefficients resulting from the competition factor (T), the capital-labour factor (I) and the regional impact factor (M) (R × T × I × M, where the result may not exceed R). (7) Source: Eurogas. (8) OJ C 74, 10.3.1998, p. 9. (9) The Commission considers that it cannot base its deliberations on the volume figures communicated by the Spanish authorities, since these do not allow a comparison with manufacturing industry as a whole, as required by point 7.8 of the multisectoral framework.