2013/435/EU: Commission Decision of 2 May 2013 on State aid… Article 3

Article 3

1.   France is required to make the beneficiaries repay the aid referred to in Article 2(1). 2.   The sums to be recovered shall bear interest from the date on which they were placed at the disposal of the beneficiary until the date of their actual recovery. 3.   Interest shall be calculated on a compound basis in accordance with Chapter V of Regulation (EC) No 794/2004  ( 138 ) and Regulation (EC) No 271/2008 amending Regulation (EC) No 794/2004  ( 139 ) . 4.   France shall cancel all outstanding payments of the aid in Article 2(1) with effect from the date of adoption of this Decision.