2006/748/EC: Commission Decision of 4 July 2006 on State… Article 3
2006/748/EC: Commission Decision of 4 July 2006 on State… Article 3
Article 3
1. Portugal shall take all necessary measures to recover from the beneficiaries the aid referred to in Article 1 that was granted to them unlawfully.
2. Recovery shall be effected without delay and in accordance with the procedures of national law, provided that they allow the immediate and effective execution of this Decision.
3. The aid to be recovered shall bear interest from the date on which it was paid to the beneficiary until the date of its recovery.
4. Interest shall be calculated on the basis of the reference rate used for calculating the grant-equivalent 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 2006/748/EC: Commission Decision of 4 July 2006 on State… (LawPlayer, data as of 2026-07-04)