Contributions
2,186 recent contributions in Hansard
HANSARDSubsidy Control Bill (Sixth sitting)Clause 44 enables public authorities to award subsidies to remedy a national or global economic emergency without having to apply the subsidy control prohibitions and other…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)In writing?02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)It works both ways. If I were an enterprise receiving a subsidy, such as minimum financial assistance, I would want to make sure that I was doing my own due diligence, and public…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)That would be for challenge, should the overall subsidy be challenged in a court through judicial review. The public authority should exercise its statutory obligations.02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)Clause 36 establishes the minimum financial assistance—or MFA—exemption and the value threshold for awarding subsidies under the exemption. That exemption allows subsidies to be…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)The exemption allows public authorities to award low-value subsidies of up to £315,000 over three years with maximum flexibility and minimal administrative burden. Subsidies given…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)Clause 37, as we will discuss in a second, states that the public authority has to confirm with the enterprise that the subsidy is still below the threshold. That is the right…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)The Bill sets out a robust but flexible framework for the awarding of subsidies. As part of the regime provides the necessary flexibility for public authorities, certain types of…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)As I said, we will engage with enterprises and public authorities, as well as academic and legal experts, to make sure we get the balance right. We think we have a balanced and…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)To answer the question from the hon. Member for Feltham and Heston, the criteria used to determine how the figures are arrived at are part of the purpose of the subsidy, which is…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)The clause gives the Secretary of State the power to make regulations that stipulate what information must be provided by a public authority with respect to a subsidy scheme or…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)Amendment 22 concerns the procedure by which the Secretary of State can make regulations to set out the information that public authorities must upload to the transparency…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)I can reassure the hon. Lady on two things. First, we want to ensure that we develop this with public authorities—that we engage with them so that they are part of the process.…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)We will engage with all those bodies—with the public authorities that will have to do the reporting; with the recipients of subsidies; and with people interested in subsidy data…02 Nov 2021HANSARDSubsidy Control Bill (Sixth sitting)It is, as ever, a pleasure to serve under your chairmanship, Ms Nokes. I thank hon. Members for their interest in clause 34 and the amendments to it. As we have heard, the clause…02 Nov 2021HANSARDSubsidy Control Bill (Fifth sitting)The clause sets out the duty on public authorities to upload certain information on to the database about their subsidies and subsidy schemes. It provides public authorities with…02 Nov 2021HANSARDSubsidy Control Bill (Fifth sitting)In this instance, we are looking at adjusting the thresholds for specific sectors, such as agriculture, that are characterised by smaller businesses where a relatively small…02 Nov 2021HANSARDSubsidy Control Bill (Fifth sitting)As I have set out, the figure of £500,000 strikes the right balance between transparency and minimising undue and unnecessary administrative requirements. We currently have no…02 Nov 2021HANSARDSubsidy Control Bill (Fifth sitting)Clause 33 sets out that the Secretary of State may change the threshold above which subsidies given under schemes are required to be uploaded to the transparency database.…02 Nov 2021HANSARDSubsidy Control Bill (Fifth sitting)I come back to our earlier discussions about the onus that is put on public authorities, and the impact that it will have on them, not only to put the amount on the various…02 Nov 2021