Commission Decision (EU) 2018/119 of 18 September 2017 on State aid SA.47702 (2017/C) (ex 2017/N) — United Kingdom — Alternative package to replace the commitment for the Royal Bank of Scotland to divest the Rainbow business (notified under document C(2017) 6184) (Text with EEA relevance. )

CELEX: 32018D0119
Document type: DEC
Sector: Legislation
Date of document: 2017-09-18
In force since: 2018-01-31
Status: In force
ELI: http://data.europa.eu/eli/dec/2018/119/oj

Text

Article-level text, parsed from the formex manifestation.

Article 1

The replacement of the commitment to divest the Rainbow business with the alternative package notified by the United Kingdom regarding RBS is compatible with the internal market within the meaning of Article 107(3)(b) of the Treaty. The replacement of the commitment to divest the Rainbow business by the alternative package is accordingly authorised.

Article 2

The potential State aid to beneficiaries of the alternative package is compatible with the internal market within the meaning of Article 107(3)(b) of the Treaty.

Article 3

This Decision is addressed to the United Kingdom of Great Britain and Northern Ireland.

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