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SIpendingSI 2023/853 · regulation

The Commonwealth Development Corporation (Limit on Government Assistance) Regulations 2023

These Regulations increase the limit on government assistance that may be provided to British International Investment plc (formerly CDC Group plc and prior to that the Commonwealth Development Corporation). The Commonwealth Development Corporation Act 1999 (c. 20), as amended, sets the amount of the limit on government assistance that may be provided to British International Investment plc and its associated companies, with a power to allow the Secretary of State to further increase the financial limit up to £12,000 million by regulations. These Regulations exercise that power in increasing the limit to £9,500 million.

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Lifecycle
Department
Made
19 Jul 2023
Comes into force
TBC