Commission Decision (EU) 2016/288Show full title

Commission Decision (EU) 2016/288 of 27 March 2015 on the aid scheme SA.34775 (13/C) (ex 12/NN) implemented by the United Kingdom — Aggregates levy (notified under document number C(2015) 2141) (Only the English text is authentic) (Text with EEA relevance)

Article 5U.K.

1.The United Kingdom shall recover the incompatible aid granted under the scheme referred to in Article 1(1) from the beneficiaries.

2.The aid to be recovered shall include interest from the date on which it was 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(1).

(1)

Commission Regulation (EC) No 794/2004 of 21 April 2004 implementing Council Regulation (EC) No 659/1999 laying down detailed rules for the application of Article 93 of the EC Treaty (OJ L 140, 30.4.2004, p. 1).