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2003/442/EC: Commission Decision of 11 December 2002 on the… Article 3

Article 3

1. Portugal shall take all necessary measures to recover from the firms that carry on the activities referred to in Article 2 the aid made available under the part of the aid scheme referred to in Article 1. 2. Recovery shall be effected without delay and in accordance with the procedures of national law, provided that they allow the immediate and effective implementation of the Decision. The aid to be recovered shall include interest from the date on which it was placed at the disposal of the beneficiaries until the date of its recovery. Interest shall be calculated on the basis of the reference rate used for calculating the grant equivalent of regional aid.

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Other provisions in 2003/442/EC: Commission Decision of 11 December 2002 on the…

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 2003/442/EC: Commission Decision of 11 December 2002 on the… (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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