This document is an excerpt from the EUR-Lex website
Document E2006C0112(05)
Authorisation of State aid pursuant to Article 61 of the EEA Agreement and Article 1(3) in Part I of Protocol 3 to the Surveillance and Court Agreement — EFTA Surveillance Authority decision to propose appropriate measures in relation to a scheme on tax and fee concessions in favour of Norðurál hf. The proposal has been accepted by Iceland.
Authorisation of State aid pursuant to Article 61 of the EEA Agreement and Article 1(3) in Part I of Protocol 3 to the Surveillance and Court Agreement — EFTA Surveillance Authority decision to propose appropriate measures in relation to a scheme on tax and fee concessions in favour of Norðurál hf. The proposal has been accepted by Iceland.
Authorisation of State aid pursuant to Article 61 of the EEA Agreement and Article 1(3) in Part I of Protocol 3 to the Surveillance and Court Agreement — EFTA Surveillance Authority decision to propose appropriate measures in relation to a scheme on tax and fee concessions in favour of Norðurál hf. The proposal has been accepted by Iceland.
ĠU C 7, 12.1.2006, p. 7–8
(ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, NL, PL, PT, SK, SL, FI, SV)
12.1.2006 |
EN |
Official Journal of the European Union |
C 7/7 |
Authorisation of State aid pursuant to Article 61 of the EEA Agreement and Article 1(3) in Part I of Protocol 3 to the Surveillance and Court Agreement
EFTA Surveillance Authority decision to propose appropriate measures in relation to a scheme on tax and fee concessions in favour of Norðurál hf. The proposal has been accepted by Iceland.
(2006/C 7/07)
Date of adoption:
EFTA State: Iceland
Aid No: Case 55362
Title: Tax and fee concessions in favour of the aluminium smelter Norðurál hf. at Grundartangi, Iceland
Acceptance of the appropriate measures by the EFTA State: By letter dated 15 July 2005 the Icelandic authorities accepted the appropriate measures proposed by the Authority.
Objective: The objective of the aid granted by means of scheme on tax and fee concessions is to enhance the attractivenes of the Vesturland region for investment purposes.
Legal basis: The legal instruments of
Budget/Duration: EUR 88,3 million and 10,7 % aid intensity. The scheme has been permitted to be valid until 31 October 2018.
Form of the aid: Tax and fee concessions
Decision:
1. |
The EFTA Surveillance Authority proposes to the Icelandic authorities the following appropriate measures:
|
2. |
The relevant measures to comply with the appropriate measures must be effective within three months of the date of the adoption of the present decision, unless the Authority agrees to a later date should that be considered objectively necessary and justified by the Authority. The Icelandic authorities shall communicate to the Authority the relevant measures it will take to comply with the appropriate measures as soon as possible and in any event not later than six weeks from receipt of this proposal |
3. |
Iceland is requested to submit simplified annual reports regarding the implementation of the aid in accordance with Article 21 in Part II of Protocol 3 to the Surveillance and Court Agreement in conjunction with Articles 5 and 6 of the Authority's decision 195/04/COL. |
4. |
The Authority asks the Icelandic authorities to agree to this proposal for appropriate measures, pursuant to Article 19(1) in Part II of Protocol 3 to the Surveillance and Court Agreement, and to provide the answer within six weeks from receipt of this proposal. |
The authentic text of the decision, from which all confidential information has been removed, can be found at:
http://www.eftasurv.int/fieldsofwork/fieldstateaid/stateaidregistry