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Commission Decision (EU) 2016/1385 Article 3

Commission Decision (EU) 2016/1385 Article 3

Article 3

1.   Spain shall recover the incompatible aid granted under the scheme referred to in Article 1 from TelecomCLM and Abertis. 2.   The sums to be recovered shall bear interest from the date on which they were put at the disposal of the beneficiaries until their actual recovery. 3.   The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004  ( 103 ) . 4.   Spain shall cancel all outstanding payments of aid under the scheme referred to in Article 1 with effect from the date of notification of this decision.

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Other provisions in Commission Decision (EU) 2016/1385

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) 2016/1385 (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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