The Subsidy Control (Subsidies and Schemes of Interest or Particular Interest) Regulations 2022
These Regulations make provision as to the meaning of “subsidy, or subsidy scheme, of interest” and “subsidy, or subsidy scheme, of particular interest” for the purposes of the Subsidy Control Act 2022 (“the Act”). Section 52 of the Act provides that a public authority must request a report from the Competition and Markets Authority (“the CMA”) before giving a subsidy, or making a subsidy scheme, of particular interest. Section 56 of the Act provides that a public authority may request a report from the CMA before giving a subsidy, or making a subsidy scheme, of interest.
Lifecycle
Department
Made
28 Nov 2022
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In force
04 Jan 2023
Enabling power
In accordance with section 87(3) of the Subsidy Control Act 2022, a draft of these Regulations has been laid before, and approved by a resolution of, each House of Parliament.
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