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2014/274/EU: Commission Decision of 20 March 2013 on State… Article 5

2014/274/EU: Commission Decision of 20 March 2013 on State… Article 5

Article 5

1.   Belgium, through the ONDD, shall recover from Ducroire/Delcredere the aid referred to in Article 4. Belgium shall provide detailed evidence — including certification issued by an independent firm auditing these accounts — that the repayment has been financed exclusively by Ducroire/Delcredere's marketable risk activity. 2.   The sums to be recovered shall include the interest which has accrued between the date on which they were made available to Ducroire/Delcredere (1 January 2005) and the date on which they are actually recovered. 3.   The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004  ( 90 ) . 4.   Recovery of the aid shall be immediate and effective.

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Other provisions in 2014/274/EU: Commission Decision of 20 March 2013 on State…

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 5 of 2014/274/EU: Commission Decision of 20 March 2013 on State… (LawPlayer, data as of 2026-07-04)

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