CELEX: E2012J0009
Language: en
Date: 2013-07-22 00:00:00
Title: Judgment of the Court of 22 July 2013 in Case E-9/12 — Iceland v EFTA Surveillance Authority (Action for annulment of a decision of the EFTA Surveillance Authority — State aid — Sale of land by public authorities — Market investor principle — State Aid Guidelines — Well-publicised bidding procedure comparable to an auction — Manifest error of assessment — Principle of sound administration — Obligation to state reasons)

24.10.2013   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 309/5
            
         JUDGMENT OF THE COURT
   of 22 July 2013
   in Case E-9/12
   Iceland v EFTA Surveillance Authority
   (Action for annulment of a decision of the EFTA Surveillance Authority — State aid — Sale of land by public authorities — Market investor principle — State Aid Guidelines — Well-publicised bidding procedure comparable to an auction — Manifest error of assessment — Principle of sound administration — Obligation to state reasons)
   2013/C 309/05
   In Case E-9/12, Iceland v EFTA Surveillance Authority — APPLICATION for the partial annulment of the EFTA Surveillance Authority’s Decision No 261/12/COL of 4 July 2012 concerning municipal tax measures, the sale of real estate and the sale of electricity to Verne Holdings ehf., the Court, composed of Carl Baudenbacher, President, Per Christiansen (Judge-Rapporteur) and Páll Hreinsson, Judges, gave judgment on 22 July 2013, the operative part of which is as follows:
   The Court hereby:
   
               1.
            
            
               dismisses the application;
            
         
               2.
            
            
               orders the applicant to pay the costs of the proceedings.