State aid to banks
Einde inhoudsopgave
State aid to banks (IVOR nr. 109) 2018/9.3.2:9.3.2 Temporal scope of the IAC
State aid to banks (IVOR nr. 109) 2018/9.3.2
9.3.2 Temporal scope of the IAC
Documentgegevens:
mr. drs. R.E. van Lambalgen, datum 01-12-2017
- Datum
01-12-2017
- Auteur
mr. drs. R.E. van Lambalgen
- JCDI
JCDI:ADS590572:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Mededingingsrecht / EU-mededingingsrecht
Deze functie is alleen te gebruiken als je bent ingelogd.
Should the IAC be applied to asset relief measures that were introduced before the adoption of the IAC on 26 March 2009? This question was answered in the affirmative in several decisions.1 For instance, in the decision on WestLB, the Commission held as follows:
“Although the measure at issue predates the adoption of the Impaired Assets Communication, the Commission has to apply the law and guidelines in force at the time its decision is adopted, irrespective of the time at which the aid measures were designed or notified”.2