CELEX: E2000C0224(01)
Language: en
Date: 1999-11-17 00:00:00
Title: Authorisation of State aid pursuant to Article 61 of the EEA Agreement and Articles 3(5) and 3(1) of the Act referred to in point 1b of Annex XV to the EEA Agreement - EFTA Surveillance Authority decision not to raise objections

Important legal notice

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E2000C0224(01)

Authorisation of State aid pursuant to Article 61 of the EEA Agreement and Articles 3(5) and 3(1) of the Act referred to in point 1b of Annex XV to the EEA Agreement - EFTA Surveillance Authority decision not to raise objections  

Official Journal C 052 , 24/02/2000 P. 0030 - 0030

Authorisation of State aid pursuant to Article 61 of the EEA Agreement and Articles 3(5) and 3(1) of the Act referred to in point 1b of Annex XV to the EEA AgreementEFTA Surveillance Authority decision not to raise objections(2000/C 52/12)Date of adoption of the decision: 17.11.1999EFTA-State: NorwayAid No: 99-010Title: Aids related to the construction of a fishery patrol vessel for the Ministry of Fisheries and Marine Resources in NamibiaObjective: Development assistance to Namibia and aid to shipbuildingLegal basis: Financing provided by the Norwegian Agency for Development Cooperation (NORAD) and the State BudgetBudget: Tied aid financing, 80 % loan to be repaid in 30 semi-annual instalments, the first falling due six years after delivery, with an interest rate of 1 % per annum and grant to shipyardAid intensity or amount: OECD concessionality level of about 35 % and grant element of 4,5 % or 9 % depending on the contract valueThe authentic text(s) of the decision, from which all confidential information has been removed, can be found athttp://europa.eu.int/comm/sg/sgb/state_aids