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Commission Decision (EU) 2016/290 Article 4

Commission Decision (EU) 2016/290 Article 4

Article 4

1.   German shall recover the incompatible aid granted under the scheme referred to in Article 3 from the beneficiaries. 2.   The amount to be recovered shall bear interest from the date on which it was put at the disposal of the beneficiaries until its actual 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  ( 55 ) amending Regulation (EC) No 794/2004. 4.   Germany shall cancel all outstanding payments of aid under the scheme referred to in Article 3 with effect from the date of adoption of this Decision.

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Other provisions in Commission Decision (EU) 2016/290

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 (EU) 2016/290 (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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