Commission Decision (EU) 2015/1227 Article 3

Article 3

1. France is required to make the beneficiaries repay the aid referred to in Article 1. 2. The amounts to be recovered shall bear interest from the date on which they were placed at the disposal of the beneficiaries to the date of their effective recovery. 3. The interest shall be calculated on a compound basis in accordance with Chapter V of Regulation (EC) No 794/2004 and Commission Regulation (EC) No 271/2008 ( 148 ) amending Regulation (EC) No 794/2004. 4. France shall cancel all outstanding payments of the aid referred to in Article 1 with effect from the date of adoption of this Decision.

Read the full instrument →

Other provisions in Commission Decision (EU) 2015/1227

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 Commission Decision (EU) 2015/1227 (LawPlayer, data as of 2026-07-04)

What to look at next

Commission Decision (EU) 2015/1227, full textThe complete text of this law, so you can read this section in contextEuropean Union legislation EU Legal Acts by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year European Union: what this database coversWhich datasets are here, which official source they come from, and how current they areEuropean Union overview