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consequently, the 50 % reduction of the sales price cannot be regarded as a compensation for an expropriation or similar action by the state.
consequently, the 50 % reduction of the sales price cannot be regarded as a compensation for an expropriation or similar action by the state.
Last Update: 2014-10-23
Usage Frequency: 1
Quality:
(47) there may be circumstances in which a reduction of the sales price could be regarded as not constituting aid, e.g. conceivably where it were demonstrated that the reduction in the sales price merely reflects the recognition of racing's stake (ownership) in the existing tote or where it is demonstrated that the reduction is in fact a compensation for losses suffered by racing due to expropriation or similar action as a consequence of the transfer of the tote to state ownership [19].
(47) there may be circumstances in which a reduction of the sales price could be regarded as not constituting aid, e.g. conceivably where it were demonstrated that the reduction in the sales price merely reflects the recognition of racing's stake (ownership) in the existing tote or where it is demonstrated that the reduction is in fact a compensation for losses suffered by racing due to expropriation or similar action as a consequence of the transfer of the tote to state ownership [19].
Last Update: 2014-10-23
Usage Frequency: 1
Quality: