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Commission Decision of 28 October 2009 concerning the aid… Article 4

Commission Decision of 28 October 2009 concerning the aid… Article 4

Article 4

1.   Italy is required to make the beneficiaries repay the incompatible aid referred to in Article 1 granted from 12 November 2005. 2.   Interest shall be paid on the amounts to be repaid, from the date on which they were made available to the beneficiaries until they are actually repaid. 3.   The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004  ( 16 ) . 4.   Italy shall cancel all outstanding payments of the aid referred to in Article 1 from the date of adoption of this Decision.

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Other provisions in Commission Decision of 28 October 2009 concerning the 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 4 of Commission Decision of 28 October 2009 concerning the aid… (LawPlayer, data as of 2026-07-04)

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