CELEX: E2003C0703(03)
Language: en
Date: 2003-04-09 00:00:00
Title: Authorisation of State aid pursuant to Article 61 and 63 of the EEA Agreement and Article 1(1) of Part I of Protocol 3 to the Surveillance and Court Agreement (EFTA Surveillance Authority decision to propose appropriate measures)

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E2003C0703(03)

Authorisation of State aid pursuant to Article 61 and 63 of the EEA Agreement and Article 1(1) of Part I of Protocol 3 to the Surveillance and Court Agreement (EFTA Surveillance Authority decision to propose appropriate measures)  

Official Journal C 155 , 03/07/2003 P. 0006 - 0006

Authorisation of State aid pursuant to Article 61 and 63 of the EEA Agreement and Article 1(1) of Part I of Protocol 3 to the Surveillance and Court Agreement(EFTA Surveillance Authority decision to propose appropriate measures)(2003/C 155/07)Date of adoption: 9 April 2003EFTA State: NorwayAid No: SAM 070.019Title: EFTA Surveillance Authority's decision of 9 April 2003 to amend the Authority's decision of 4 December 2002 to propose appropriate measures to Norway with regard to State aid in the form of guarantees under the Act on State Enterprises ("Lov om statsforetak")Legal basis: Act on State Enterprises (Norwegian Act No 71 of 30 August 1991 on State Enterprises; "Lov om statsforetak") as amended by the Norwegian Parliament's decision of 16 December 2002 ("Odelstingsbeslutning nr. 43 (2002-03)")Form of aid: State guaranteeDecision: The appropriate measures, proposed by the Authority and accepted by the Norwegian authorities are as follows:(a) The Norwegian authorities shall take, without delay, any legislative, administrative and other measures necessary to eliminate any incompatible aid resulting from Sections 4, 51 and 53 of the Act on State Enterprises. Any such aid should be abolished with effect from 1 January 2003, with the exception of the continued application of these provisions with respect to State enterprises' financial obligations not linked to specific loans and which existed prior to 1 January 2003. With respect to the latter, the abolishment of the State guarantee resulting from Sections 4, 51 and 53 of the Act on State Enterprises shall take effect as soon as the required legislative process concerning the abolishment of the State guarantee has been finalised, in any event not later than 31 July 2003;(b) The Norwegian Government shall communicate to the Authority the legislative, administrative or other proposals regarding the abolishment of the aid referred to under point 1(a) of this decision as soon as possible and in any event not later than 30 June 2003Other information: The authentic text of the decision, from which all confidential information has been removed, can be found at http://www.eftasurv.intThe Norwegian Government accepted the appropriate measures