Report 2011 - EFTA Court

IV COSTS
57 The costs incurred by the icelandic Government, ESA and the
European Commission, which have submitted observations to the
Court, are not recoverable. Since these proceedings are a step in
the proceedings pending before the Héraðsdómur Reykjavíkur, any
decision on costs for the parties to those proceedings is a matter
for that court.
On those grounds,
THE COURT
in answer to the question referred to it by the Héraðsdómur Reykjavíkur
hereby gives the following Advisory Opinion:
A national measure which prevents inbound transfer into Iceland of
Icelandic krónur purchased on the offshore market, is compatible
with Article 43(2) and (4) of the EEA Agreement in circumstances
such as those in the case before the referring court.
Carl Baudenbacher Per Christiansen Benedikt Bogason
Delivered in open court in Luxembourg on 14 December 2011.
Skúli Magnússon Carl Baudenbacher
Registrar President
Case E-3/11 Pálmi Sigmarsson v xxxxxxxxxxxxxxxxxxxxxxxxxxx The Central Bank of iceland 468 449