Subsidy Control Act 2022

May 4, 2022

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<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="part-1"><num>PART 1</num><heading>Overview and key interpretation</heading><hcontainer name="crossheading"

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-overview-etc"><heading>Overview etc</heading><section eId="section-1"><num>1</num><heading>Overview and

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1"><num>1</num><heading>Overview and application of Act</heading><subsection eId="section-1-1"><num>(1)</num><content>This Part defines “subsidy” and other key terms used in this Act.</content></subsection><subsect

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-1"><num>(1)</num><content>This Part defines “subsidy” and other key terms used in this Act.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-2"><num>(2)</num><intro>Part 2 imposes requirements that apply to the giving of subsidies or the making of subsidy schemes (referred to in this Act as “<term refersTo="#term-the-subsidy-control-requirements" eId="

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-2-a"><num>(a)</num><content>Chapter 1 imposes duties to apply the subsidy control principles and energy and environment principles;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-2-b"><num>(b)</num><content>Chapter 2 imposes prohibitions and other requirements;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-2-c"><num>(c)</num><content>Chapter 3 provides for transparency requirements.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-3"><num>(3)</num><intro>Part 3 contains exemptions from the subsidy control requirements—</intro><level class="para1" eId="section-1-3-a"><num>(a)</num><content>Chapter 2 contains exemptions relating to sma

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-3-a"><num>(a)</num><content>Chapter 2 contains exemptions relating to small amounts of assistance;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-3-b"><num>(b)</num><content>Chapter 3 contains exemptions for natural disasters and other exceptional circumstances and emergencies;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-3-c"><num>(c)</num><content>Chapter 4 contains other miscellaneous exemptions.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-4"><num>(4)</num><content>Part 4 provides for the functions of the CMA in relation to the application of the subsidy control requirements.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-5"><num>(5)</num><content>Part 5 contains provisions relating to the enforcement of the subsidy control requirements.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-6"><num>(6)</num><content>Part 6 contains miscellaneous and final provisions.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-7"><num>(7)</num><content>The exercise of any power conferred by legislation (whenever passed or made) is to be read as subject to the subsidy control requirements (except so far as a contrary intention appears in

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-8"><num>(8)</num><content>In subsection (7) “<term refersTo="#term-legislation" eId="term-legislation">legislation</term>” means primary legislation or subordinate legislation.</content></subsection>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-subsidy"><heading>“Subsidy”</heading><secti

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2"><num>2</num><heading>“Subsidy”</heading><subsection eId="section-2-1"><num>(1)</num><intro>In this Act, “<term refersTo="#term-subsidy" eId="term-subsidy">subsidy</term>” means financial assistance which—</intro

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-1"><num>(1)</num><intro>In this Act, “<term refersTo="#term-subsidy" eId="term-subsidy">subsidy</term>” means financial assistance which—</intro><level class="para1" eId="section-2-1-a"><num>(a)</num><content>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-1-a"><num>(a)</num><content>is given, directly or indirectly, from public resources by a public authority,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-1-b"><num>(b)</num><content>confers an economic advantage on one or more enterprises,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-1-c"><num>(c)</num><content>is specific, that is, is such that it benefits one or more enterprises over one or more other enterprises with respect to the production of goods or the provision of services,

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-1-d"><num>(d)</num><intro>has, or is capable of having, an effect on—</intro><level class="para2" eId="section-2-1-d-i"><num>(i)</num><content>competition or investment within the United Kingdom,</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-2-1-d-i"><num>(i)</num><content>competition or investment within the United Kingdom,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-2-1-d-ii"><num>(ii)</num><content>trade between the United Kingdom and a country or territory outside the United Kingdom, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-2-1-d-iii"><num>(iii)</num><content>investment as between the United Kingdom and a country or territory outside the United Kingdom.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-2"><num>(2)</num><intro>For the purposes of this Act, the means by which financial assistance may be given include—</intro><level class="para1" eId="section-2-2-a"><num>(a)</num><content>a direct transfer o

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-2-a"><num>(a)</num><content>a direct transfer of funds (such as grants or loans);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-2-b"><num>(b)</num><content>a contingent transfer of funds (such as guarantees);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-2-c"><num>(c)</num><content>the forgoing of revenue that is otherwise due;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-2-d"><num>(d)</num><content>the provision of goods or services;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-2-e"><num>(e)</num><content>the purchase of goods or services.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-3"><num>(3)</num><content>Financial assistance given from the person’s resources by a person who is not a public authority is to be treated for the purposes of subsection <ref href="#section-2-1">(1)</ref><ref hre

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-4"><num>(4)</num><intro>For the purposes of subsection <ref href="#section-2-3">(3)</ref>, the factors which may be taken into account when considering the involvement of a public authority in the decision of a pe

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-4-a"><num>(a)</num><content>the control exercised over that person by that public authority, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-4-b"><num>(b)</num><content>the relationship between that person and that public authority.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-5"><num>(5)</num><content>For the purposes of this Act, financial assistance is to be treated as given to an enterprise if the enterprise has an enforceable right to the financial assistance.</content></subsec

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-6"><num>(6)</num><intro>For further provision relevant to the interpretation of this section, see—</intro><level class="para1" eId="section-2-6-a"><num>(a)</num><content>section 3 (financial assistance whic

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-6-a"><num>(a)</num><content>section 3 (financial assistance which confers an economic advantage);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-6-b"><num>(b)</num><content>section 4 (financial assistance which is specific);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-6-c"><num>(c)</num><content>section 5 (modification for air carriers);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-6-d"><num>(d)</num><content>section 6 (meaning of “<term refersTo="#term-public-authority" eId="term-public-authority">public authority</term>”);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-6-e"><num>(e)</num><content>sections 7 and 8 (meaning of “<term refersTo="#term-enterprise" eId="term-enterprise">enterprise</term>”).</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3"><num>3</num><heading>Financial assistance which confers an economic advantage</heading><subsection eId="section-3-1"><num>(1)</num><content>This section makes provision about determining whether financial assistance

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-1"><num>(1)</num><content>This section makes provision about determining whether financial assistance confers an economic advantage on an enterprise for the purposes of section 2<ref href="#section-2-1">(1)</ref><

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-2"><num>(2)</num><content>Financial assistance is not to be treated as conferring an economic advantage on an enterprise unless the benefit to the enterprise is provided on terms that are more favourable to the en

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4"><num>4</num><heading>Financial assistance which is specific</heading><subsection eId="section-4-1"><num>(1)</num><content>This section makes provision about determining whether financial assistance is specific for t

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4-1"><num>(1)</num><content>This section makes provision about determining whether financial assistance is specific for the purposes of section 2<ref href="#section-2-1">(1)</ref><ref href="#section-2-1-c">(c)</ref>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4-2"><num>(2)</num><content>Financial assistance is not to be regarded as being specific if the distinction in the treatment of enterprises is justified by principles inherent to the design of the arrangements of wh

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4-3"><num>(3)</num><intro>For the purposes of subsection <ref href="#section-4-2">(2)</ref> as it applies to financial assistance given in the form of a tax measure, the following are examples of the principles that

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-3-a"><num>(a)</num><content>the need to fight fraud or tax evasion;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-3-b"><num>(b)</num><content>administrative manageability;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-3-c"><num>(c)</num><content>the avoidance of double taxation;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-3-d"><num>(d)</num><content>the principle of tax neutrality;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-3-e"><num>(e)</num><content>the progressive nature of income tax and its redistributive purpose;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-3-f"><num>(f)</num><content>the need to respect taxpayers’ ability to pay.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4-4"><num>(4)</num><intro>Financial assistance given by a public authority in the form of a tax measure is not to be regarded as being specific unless—</intro><level class="para1" eId="section-4-4-a"><num>(a)</n

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-4-a"><num>(a)</num><content>one or more enterprises obtain a reduction in the tax liability that it or they would otherwise have borne under the normal taxation regime, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-4-b"><num>(b)</num><content>that enterprise or those enterprises are treated more advantageously than one or more other enterprises in a comparable position under the normal taxation regime.</content>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4-5"><num>(5)</num><intro>For the purposes of subsection <ref href="#section-4-4">(4)</ref>, the normal taxation regime is to be identified from—</intro><level class="para1" eId="section-4-5-a"><num>(a)</num><co

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-5-a"><num>(a)</num><content>the internal objective of the regime,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-5-b"><num>(b)</num><content>the features of the regime (such as the tax base, the taxable person, the taxable event or the tax rate), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-5-c"><num>(c)</num><intro>the fact that the public authority whose regime it is—</intro><level class="para2" eId="section-4-5-c-i"><num>(i)</num><content>is autonomous institutionally, procedurally

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-4-5-c-i"><num>(i)</num><content>is autonomous institutionally, procedurally, economically and financially as regards the regime, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-4-5-c-ii"><num>(ii)</num><content>has the competence to design the features of the regime.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4-6"><num>(6)</num><intro>A special purpose levy is not to be regarded as being specific if—</intro><level class="para1" eId="section-4-6-a"><num>(a)</num><content>its design is determined by non-economic pub

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-6-a"><num>(a)</num><content>its design is determined by non-economic public policy objectives (such as the need to limit the negative impacts of certain activities or products on the environment or human

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-6-b"><num>(b)</num><content>the public policy objectives are not discriminatory.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4-7"><num>(7)</num><content>The forgoing of an amount of special purpose levy which is otherwise due is not be to regarded as being specific if the provision enabling the forgoing of that amount satisfies the condit

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-5"><num>5</num><heading>Section 2: modification for air carriers</heading><subsection eId="secti

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-5-1"><num>(1)</num><content><mod>For the purposes of this Act as it applies in relation to

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-5-2"><num>(2)</num><content>In this section, “<term refersTo="#term-air-transport-services" eId="term-air-transport-services">air transport services</term>” includes air transport services not covered under Title I

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-public-authority"><heading>“Public authority”</heading><section eId="section-6"><num>6</num><heading>“P

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6"><num>6</num><heading>“Public authority”</heading><subsection eId="section-6-1"><num>(1)</num><intro>For the purposes of this Act, “<term refersTo="#term-public-authority" eId="term-public-authority">public authority

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6-1"><num>(1)</num><intro>For the purposes of this Act, “<term refersTo="#term-public-authority" eId="term-public-authority">public authority</term>” means a person who exercises functions of a public nature, but do

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-1-a"><num>(a)</num><content>either House of Parliament,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-1-b"><num>(b)</num><content>the Scottish Parliament,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-1-c"><num>(c)</num><content>Senedd Cymru, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-1-d"><num>(d)</num><content>the Northern Ireland Assembly.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6-2"><num>(2)</num><intro>Subsection <ref href="#section-6-1">(1)</ref><ref href="#section-6-1-a">(a)</ref> is not to be taken as applying to—</intro><level class="para1" eId="section-6-2-a"><num>(a)</num><conte

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-2-a"><num>(a)</num><content>the Corporate Officer of the House of Commons,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-2-b"><num>(b)</num><content>the Corporate Officer of the House of Lords,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-2-c"><num>(c)</num><content>the House of Commons Commission, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-2-d"><num>(d)</num><content>any other person who acts on behalf of either or both of the Houses of Parliament.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6-3"><num>(3)</num><intro>Subsection <ref href="#section-6-1">(1)</ref><ref href="#section-6-1-b">(b)</ref> is not to be taken as applying to—</intro><level class="para1" eId="section-6-3-a"><num>(a)</num><conte

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-3-a"><num>(a)</num><content>the Scottish Parliamentary Corporate Body, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-3-b"><num>(b)</num><content>any other person who acts on behalf of the Scottish Parliament.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6-4"><num>(4)</num><intro>Subsection <ref href="#section-6-1">(1)</ref><ref href="#section-6-1-c">(c)</ref> is not to be taken as applying to—</intro><level class="para1" eId="section-6-4-a"><num>(a)</num><conte

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-4-a"><num>(a)</num><content>the Senedd Commission, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-4-b"><num>(b)</num><content>any other person who acts on behalf of Senedd Cymru.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6-5"><num>(5)</num><intro>Subsection <ref href="#section-6-1">(1)</ref><ref href="#section-6-1-d">(d)</ref> is not to be taken as applying to—</intro><level class="para1" eId="section-6-5-a"><num>(a)</num><conte

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-5-a"><num>(a)</num><content>the Northern Ireland Assembly Commission, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-6-5-b"><num>(b)</num><content>any other person who acts on behalf of the Northern Ireland Assembly.</content></level>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-enterprise"><heading>“Enterprise”</heading><section eId="section-7"><num>7</num><heading>“Enterprise”</

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-7"><num>7</num><heading>“Enterprise”</heading><subsection eId="section-7-1"><num>(1)</num><intro>In this Act, “<term refersTo="#term-enterprise" eId="term-enterprise">enterprise</term>” means (subject to subsections <r

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-7-1"><num>(1)</num><intro>In this Act, “<term refersTo="#term-enterprise" eId="term-enterprise">enterprise</term>” means (subject to subsections <ref href="#section-7-2">(2)</ref> and <ref href="#section-7-3">(3)</r

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-7-1-a"><num>(a)</num><content>a person who is engaged in an economic activity that entails offering goods or services on a market, to the extent that the person is engaged in such an activity, or</conte

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-7-1-b"><num>(b)</num><content>a group of persons under common ownership or common control which is engaged in an economic activity that entails offering goods or services on a market, to the extent that the

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-7-2"><num>(2)</num><content>For the purposes of this section, an activity is not to be regarded as an economic activity if or to the extent that it is carried out for a purpose that is not economic.</content></s

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-7-3"><num>(3)</num><content>For the purposes of this section, a person or group of persons is not to be regarded as an enterprise by virtue only of being a shareholder or shareholders in a body corporate which is to

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-7-4"><num>(4)</num><content>In this section, “<term refersTo="#term-person" eId="term-person">person</term>” includes a body corporate, a partnership and an unincorporated association.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-7-5"><num>(5)</num><content>For further provision relevant to the interpretation of this section, see section 8 (persons under common control).</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8"><num>8</num><heading>Persons under common control</heading><subsection eId="section-8-1"><num>(1)</num><intro>For the purposes of section 7, a group of persons is to be treated as being under common control if the g

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-1"><num>(1)</num><intro>For the purposes of section 7, a group of persons is to be treated as being under common control if the group—</intro><level class="para1" eId="section-8-1-a"><num>(a)</num><content>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-8-1-a"><num>(a)</num><content>is a group of interconnected bodies corporate,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-8-1-b"><num>(b)</num><content>consists of bodies corporate of which one and the same person or group of persons has control, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-8-1-c"><num>(c)</num><content>consists of one or more bodies corporate and a person who, or a group of persons which, has control of that or those bodies corporate.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-2"><num>(2)</num><content>A person or group of persons able, directly or indirectly, to control or materially to influence the policy of a body corporate as regards carrying on an economic activity that entails of

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-3"><num>(3)</num><content>For the purposes of this section, “<term refersTo="#term-group-of-interconnected-bodies-corporate" eId="term-group-of-interconnected-bodies-corporate">group of interconnected bodies corpo

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-4"><num>(4)</num><intro>For the purposes of this section, any two bodies corporate are interconnected if—</intro><level class="para1" eId="section-8-4-a"><num>(a)</num><content>one of them is a body corpora

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-8-4-a"><num>(a)</num><content>one of them is a body corporate of which the other is a subsidiary, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-8-4-b"><num>(b)</num><content>both of them are subsidiaries of one and the same body corporate;</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-5"><num>(5)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-person" eId="term-person">person</term>” includes a body corporate, a partnership and an unincor

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-tribunal-procedure-rules" eId="term-tribunal-procedure-rules">Tribunal Procedure Rules</term>” means rules made under section 15 of the Enterprise Act 2002.</content></hconta

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(a)</num><content>Part 4A of the Financial Services and Markets Act 2000 (permission to carry on regulated activities), or</content></level>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-other-key-terms"><heading>Other key terms</heading><section eId="section-9"><num>9</num><heading>The su

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9"><num>9</num><heading>The subsidy control principles and the energy and environment principles</heading><subsection eId="section-9-1"><num>(1)</num><content>Schedule 1 sets out the subsidy control principles.</co

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9-1"><num>(1)</num><content>Schedule 1 sets out the subsidy control principles.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9-2"><num>(2)</num><content>Schedule 2 sets out further principles for subsidies in relation to energy and environment.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10"><num>10</num><heading>Subsidy schemes and streamlined subsidy schemes</heading><subsection eId="section-10-1"><num>(1)</num><content>In this Act, “<term refersTo="#term-subsidy-scheme" eId="term-subsidy-scheme">sub

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-1"><num>(1)</num><content>In this Act, “<term refersTo="#term-subsidy-scheme" eId="term-subsidy-scheme">subsidy scheme</term>” means a scheme made by a public authority providing for the giving of subsidies under

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-2"><num>(2)</num><intro>A subsidy scheme may be made—</intro><level class="para1" eId="section-10-2-a"><num>(a)</num><content>by a public authority that is not a primary public authority only for the givin

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-2-a"><num>(a)</num><content>by a public authority that is not a primary public authority only for the giving of subsidies by that public authority;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-2-b"><num>(b)</num><content>by a public authority that is a primary public authority for the giving of subsidies by other public authorities (in addition to the primary public authority so far as the sch

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-3"><num>(3)</num><intro>In subsection (2), “<term refersTo="#term-primary-public-authority" eId="term-primary-public-authority">primary public authority</term>” means a public authority of any of the following de

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-3-a"><num>(a)</num><content>a Minister of the Crown;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-3-b"><num>(b)</num><content>the Scottish Ministers;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-3-c"><num>(c)</num><content>the Welsh Ministers;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-3-d"><num>(d)</num><content>a Northern Ireland department;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-3-e"><num>(e)</num><content>any other public authority which, in the exercise of its functions, makes a scheme for the giving of subsidies by other public authorities.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-4"><num>(4)</num><intro>In this Act, “<term refersTo="#term-streamlined-subsidy-scheme" eId="term-streamlined-subsidy-scheme">streamlined subsidy scheme</term>” means a subsidy scheme which—</intro><level cla

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-4-a"><num>(a)</num><content>is made by a Minister of the Crown, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-4-b"><num>(b)</num><content>specifies it is made for the purposes of this Act as a streamlined subsidy scheme.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-5"><num>(5)</num><content>A streamlined subsidy scheme must be laid before Parliament after it is made.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-6"><num>(6)</num><content>If a streamlined subsidy scheme is modified after it is laid, the scheme as modified must also be laid before Parliament.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-7"><num>(7)</num><content>If, within the 40-day period, either House of Parliament resolves not to approve the scheme, or the scheme as modified, then, with effect from the end of the day on which the resolution

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-8"><num>(8)</num><intro>Nothing in subsection <ref href="#section-10-7">(7)</ref>—</intro><level class="para1" eId="section-10-8-a"><num>(a)</num><content>affects any subsidies given under the scheme befor

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-8-a"><num>(a)</num><content>affects any subsidies given under the scheme before the end of the day on which the resolution is passed, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-8-b"><num>(b)</num><content>prevents a further scheme being laid before Parliament.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-9"><num>(9)</num><intro>In this section, “<term refersTo="#term-the-40-day-period" eId="term-the-40-day-period">the 40-day period</term>” means—</intro><level class="para1" eId="section-10-9-a"><num>(a)</num>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-9-a"><num>(a)</num><content>if the scheme is laid before both Houses of Parliament on the same day, the period of 40 days beginning with that day, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-9-b"><num>(b)</num><content>if the scheme is laid before the Houses of Parliament on different days, the period of 40 days beginning with the later of those days.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-10"><num>(10)</num><content>In calculating the 40-day period, no account is to be taken of any period during which Parliament is dissolved or prorogued or during which both Houses of Parliament are adjourned for

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-11"><num>(11)</num><content>A subsidy scheme or streamlined subsidy scheme may provide for the value of a subsidy to be determined by reference to its gross cash amount or the gross cash equivalent.</content>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-11"><num>11</num><heading>Subsidies and schemes of interest or particular interest</heading><subsection eId="section-11-1"><num>(1)</num><intro>In this Act—</intro><level class="para1" eId="section-11-1-a"><num>(a)

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-11-1"><num>(1)</num><intro>In this Act—</intro><level class="para1" eId="section-11-1-a"><num>(a)</num><content>“subsidy, or subsidy scheme, of interest”, and</content></level><level class="para1" eId="se

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-11-1-a"><num>(a)</num><content>“subsidy, or subsidy scheme, of interest”, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-11-1-b"><num>(b)</num><content>“subsidy, or subsidy scheme, of particular interest”,</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-11-2"><num>(2)</num><intro>Regulations under this section defining “subsidy, or subsidy scheme, of interest” or “subsidy, or subsidy scheme, of particular interest” may make provision by reference (among other thing

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-11-2-a"><num>(a)</num><content>the value of the subsidy or the value of the subsidies given under the subsidy scheme, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-11-2-b"><num>(b)</num><content>the sector in which the expected beneficiaries of the subsidy or subsidy scheme operate, and any characteristics of that sector.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-11-3"><num>(3)</num><content>Provision under subsection <ref href="#section-11-2-a">(2)(a)</ref> may provide for the value of a subsidy to be determined by reference to its gross cash amount or the gross cash equiva

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-11-4"><num>(4)</num><content>Regulations under this section are subject to the affirmative procedure.</content></subsection>

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="part-2"><num>PART 2</num><heading>Subsidy control requirements</heading><chapter eId="part-2-chapter-1"><num>CHAPTER 1</num><heading>Principles</heading><section eId="

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="part-2-chapter-1"><num>CHAPTER 1</num><heading>Principles</heading><section eId="section-12"><num>12</num><heading>Application of the subsidy control principles</heading><subsection eId="section-12-1"><num>(1)</num><intro>A pu

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12"><num>12</num><heading>Application of the subsidy control principles</heading><subsection eId="section-12-1"><num>(1)</num><intro>A public authority—</intro><level class="para1" eId="section-12-1-a"><num>(a)</nu

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-1"><num>(1)</num><intro>A public authority—</intro><level class="para1" eId="section-12-1-a"><num>(a)</num><content>must consider the subsidy control principles before deciding to give a subsidy, and</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-1-a"><num>(a)</num><content>must consider the subsidy control principles before deciding to give a subsidy, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-1-b"><num>(b)</num><content>must not give the subsidy unless it is of the view that the subsidy is consistent with those principles.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-2"><num>(2)</num><content>In subsection (1) “<term refersTo="#term-subsidy" eId="term-subsidy">subsidy</term>” does not include a subsidy given under a subsidy scheme.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-3"><num>(3)</num><intro>A public authority—</intro><level class="para1" eId="section-12-3-a"><num>(a)</num><content>must consider the subsidy control principles before making a subsidy scheme, and</con

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-3-a"><num>(a)</num><content>must consider the subsidy control principles before making a subsidy scheme, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-3-b"><num>(b)</num><content>must not make the scheme unless it is of the view that the subsidies provided for by the scheme will be consistent with those principles.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13"><num>13</num><heading>Application of the energy and environment principles</heading><subsection eId="section-13-1"><num>(1)</num><intro>A public authority—</intro><level class="para1" eId="section-13-1-a"><num>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-1"><num>(1)</num><intro>A public authority—</intro><level class="para1" eId="section-13-1-a"><num>(a)</num><content>must consider the energy and environment principles before deciding to give a subsidy in

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-1-a"><num>(a)</num><content>must consider the energy and environment principles before deciding to give a subsidy in relation to energy and environment, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-1-b"><num>(b)</num><content>must not give the subsidy unless it is of the view that the subsidy is consistent with those principles.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-2"><num>(2)</num><content>In subsection (1) “<term refersTo="#term-subsidy" eId="term-subsidy">subsidy</term>” does not include a subsidy given under a subsidy scheme.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-3"><num>(3)</num><intro>A public authority—</intro><level class="para1" eId="section-13-3-a"><num>(a)</num><content>must consider the energy and environment principles before making a subsidy scheme that p

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-3-a"><num>(a)</num><content>must consider the energy and environment principles before making a subsidy scheme that provides for the giving of subsidies in relation to energy and environment, and</co

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-3-b"><num>(b)</num><content>must not make the scheme unless it is of the view that the subsidies provided for by the scheme will be consistent with those principles.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-4"><num>(4)</num><content>A duty under this section applies in addition to the corresponding duty under section 12.</content></subsection>

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="part-2-chapter-2"><num>CHAPTER 2</num><heading>Prohibitions and other requirements</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-2-chapter-2-

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-2-chapter-2-crossheading-introductory"><heading>Introductory</heading><section eId="section-14"><num>14</num><heading>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-14"><num>14</num><heading>Introductory</heading><intro>This Chapter—</intro><level class="para1" eId="section-14-a"><num>(a)</num><content>prohibits the giving of certain subsidies, and</content></level><lev

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-14-a"><num>(a)</num><content>prohibits the giving of certain subsidies, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-14-b"><num>(b)</num><content>imposes other requirements in relation to the giving of certain other subsidies.</content></level>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-2-chapter-2-crossheading-general-prohibitions"><heading>General prohibitions</heading><section eId="section-15"><num>1

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15"><num>15</num><heading>Unlimited guarantees</heading><intro>A subsidy in the form of a guarantee of the debts or liabilities of an enterprise is prohibited by this section if—</intro><level class="para1" eId="se

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-15-a"><num>(a)</num><content>there is no limit as to the amount of the debts or liabilities that are guaranteed, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-15-b"><num>(b)</num><content>there is no limit as to the duration of the guarantee.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16"><num>16</num><heading>Export performance</heading><subsection eId="section-16-1"><num>(1)</num><content>A subsidy that is contingent in law or in fact, whether solely or as one of several other conditions, upon exp

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-1"><num>(1)</num><content>A subsidy that is contingent in law or in fact, whether solely or as one of several other conditions, upon export performance relating to goods or services is prohibited by this section.

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-2"><num>(2)</num><intro>But this section does not prohibit a subsidy in the form of—</intro><level class="para1" eId="section-16-2-a"><num>(a)</num><content>short-term export credit insurance against risks

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-2-a"><num>(a)</num><content>short-term export credit insurance against risks that are not marketable risks, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-2-b"><num>(b)</num><content>an export credit, export credit guarantee or insurance programme that is permissible in accordance with the SCM Agreement.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-3"><num>(3)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-export-credit-insurance" eId="term-export-credit-insurance">export credit insurance</term>” mea

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Common interest</heading><paragraph eId="schedule-1-paragraph-A" class="schProv1"><num>A</num><intro>Subsidies should pursue a specific policy objective in order to—</intro><lev

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-A" class="schProv1"><num>A</num><intro>Subsidies should pursue a specific policy objective in order to—</intro><level class="para1" eId="schedule-1-paragraph-A-a"><num>(a)</num><content>remedy an

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-1-paragraph-A-a"><num>(a)</num><content>remedy an identified market failure, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-1-paragraph-A-b"><num>(b)</num><content>address an equity rationale (such as local or regional disadvantage, social difficulties or distributional concerns).</content></level>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-D" class="schProv1"><num>D</num><content>Subsidies should not normally compensate for the costs the beneficiary would have funded in the absence of any subsidy.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-G" class="schProv1"><num>G</num><intro>Subsidies’ beneficial effects (in terms of achieving their specific policy objective) should outweigh any negative effects, including in particular negative effects

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-1-paragraph-G-a"><num>(a)</num><content>competition or investment within the United Kingdom;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-1-paragraph-G-b"><num>(b)</num><content>international trade or investment.</content></level>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-enterprise" eId="term-enterprise">enterprise</term>” has the meaning given by section 7;</content></hcontainer>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-F" class="schProv1"><num>F</num><subparagraph eId="schedule-2-paragraph-F-1"><num>(1)</num><content>Subsidies in the form of partial exemptions from energy-related taxes and levies in favour of energy-in

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-I" class="schProv1"><num>I</num><content>Subsidies for improvements of the energy efficiency of industrial activities in the United Kingdom shall improve energy efficiency by reducing energy consumption,

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-subsidy-decision" eId="term-subsidy-decision">subsidy decision</term>” means a decision to give a subsidy or make a subsidy scheme;</content></hcontainer>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-erra-2013" eId="term-erra-2013">ERRA 2013</term>” means the Enterprise and Regulatory Reform Act 2013;</content></hcontainer>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“legacy subsidy” and “legacy scheme” mean the subsidies and schemes listed in section 48(1);</content></hcontainer>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-B" class="schProv1"><num>B</num><content>Subsidies should be proportionate to their specific policy objective and limited to what is necessary to achieve it.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-E" class="schProv1"><num>E</num><content>Subsidies should be an appropriate policy instrument for achieving their specific policy objective and that objective cannot be achieved through other, less disto

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-C" class="schProv1"><num>C</num><subparagraph eId="schedule-2-paragraph-C-1"><num>(1)</num><intro>Subsidies for electricity generation adequacy, renewable energy or cogeneration—</intro><level class=

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-H" class="schProv1"><num>H</num><intro>Subsidies for the decarbonisation of emissions linked to industrial activities in the United Kingdom shall—</intro><level class="para1" eId="schedule-2-paragrap

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-2-paragraph-H-a"><num>(a)</num><content>achieve an overall reduction in greenhouse gas emissions, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-2-paragraph-H-b"><num>(b)</num><content>reduce the emissions directly resulting from the industrial activities.</content></level>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-D" class="schProv1"><num>D</num><content>Subsidies for electricity generation adequacy may be limited to installations not exceeding specified CO2 emission limits.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-E" class="schProv1"><num>E</num><content>Subsidies for renewable energy or cogeneration shall not affect beneficiaries’ obligations or opportunities to participate in electricity markets.</content></

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-financial-service-supplier" eId="term-financial-service-supplier">financial service supplier</term>” has the meaning given by Article 183 of the Trade and Cooperation Agreement;<

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7"><heading>Introductory</heading><paragraph eId="schedule-3-paragraph-1" class="schProv1"><num>1</num><content>This Schedule pr

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-1" class="schProv1"><num>1</num><content>This Schedule provides for the application of this Act in the case of subsidies provided by means of primary legislation.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-3-paragraph-8-1"><num>(1)</num><content>Chapter 3 of Part 2 (which provides for the subsidy database) applies to subsidies provided by means of

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-11" class="schProv1"><num>11</num><subparagraph eId="schedule-3-paragraph-11-1"><num>(1)</num><content>Section 76 (duty to provide pre-action information) applies to subsidies provided by means of devolv

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-3-paragraph-2-1"><num>(1)</num><intro>In this Schedule—</intro><hcontainer

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-3-paragraph-3-1"><num>(1)</num><content>The definition of “subsidy” in section 2 applies for the purposes of this Schedule (so far as the conte

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-4" class="schProv1"><num>4</num><intro>In this Schedule references to a subsidy provided by means of primary legislation—</intro><level class="para1" eId="schedule-3-paragraph-4-a"><num>(a)</num><con

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-4-a"><num>(a)</num><content>include references to a subsidy given by a public authority under a duty imposed by that legislation;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-4-b"><num>(b)</num><content>do not include references to a subsidy given by a public authority under a power conferred by that legislation (but see section 1(7)).</content></level>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-5" class="schProv1"><num>5</num><intro>In this Schedule—</intro><level class="para1" eId="schedule-3-paragraph-5-a"><num>(a)</num><content>references to a subsidy provided by means of primary legi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-5-a"><num>(a)</num><content>references to a subsidy provided by means of primary legislation include references to a subsidy scheme made by that legislation;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-5-b"><num>(b)</num><content>references to a subsidy given by a public authority include references to a subsidy scheme made by the authority.</content></level>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-C" class="schProv1"><num>C</num><subparagraph eId="schedule-1-paragraph-C-1"><num>(1)</num><content>Subsidies should be designed to bring about a change of economic behaviour of the beneficiary.</con

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-F" class="schProv1"><num>F</num><content>Subsidies should be designed to achieve their specific policy objective while minimising any negative effects on competition or investment within the United Kingd

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-B" class="schProv1"><num>B</num><content>Subsidies in relation to energy and environment shall not relieve the beneficiary from liabilities arising from its responsibilities as a polluter under the law o

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-G" class="schProv1"><num>G</num><content>Subsidies in the form of compensation for electricity-intensive users given in the event of an increase in electricity costs resulting from climate policy instrum

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-7" class="schProv1"><num>7</num><subparagraph eId="schedule-3-paragraph-7-1"><num

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-3-paragraph-7-c"><num>(c)</num><content><mod>sections 21 and 23 apply as if, for

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-3-paragraph-7-d"><num>(d)</num><content><mod>section 29 applies as if, for subse

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-7-e"><num>(e)</num><content>sections 37 and 39 are to be ignored.</content></level>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-10" class="schProv1"><num>10</num><subparagraph eId="schedule-3-paragraph-10-1"><

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(c)</num><content>Australia,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(d)</num><content>Canada,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(b)</num><content>an Act of the Scottish Parliament,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(f)</num><content>Japan,</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-4"><num>(4)</num><content>A marketable risk country is to be treated for the purposes of this section as not being a marketable risk country if regulations made by the Secretary of State provide for the marketabl

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-5"><num>(5)</num><intro>The Secretary of State may make regulations under subsection (4) in respect of a marketable risk country only if satisfied that there is a lack of sufficient private market capacity becaus

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-5-a"><num>(a)</num><content>a significant contraction of private credit insurance capacity,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-5-b"><num>(b)</num><content>a significant deterioration of sovereign sector rating, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-5-c"><num>(c)</num><content>a significant deterioration of corporate sector performance.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-6"><num>(6)</num><content>The Secretary of State must by further regulations under subsection (4) revoke regulations under that subsection in respect of a marketable risk country if the Secretary of State ceases

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-7"><num>(7)</num><content>Regulations under subsection (4) are subject to the negative procedure.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-8"><num>(8)</num><content>For the purposes of this section, a subsidy is contingent in fact upon export performance if the giving of the subsidy (without having been made legally contingent upon export performanc

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-9"><num>(9)</num><content>For the avoidance of doubt, a subsidy is not prohibited by this section by reason only of the fact that it is given to an enterprise that is engaged in an economic activity that entails

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-17"><num>17</num><heading>Use of domestic goods or services</heading><subsection eId="section-17-1"><num>(1)</num><content>A subsidy that is contingent, whether solely or as one of several other conditions, upon the us

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-17-1"><num>(1)</num><content>A subsidy that is contingent, whether solely or as one of several other conditions, upon the use of domestic over imported goods or services is prohibited by this section.</content><

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-17-2"><num>(2)</num><content>The prohibition in subsection (1) does not apply so far as relating to subsidies given in relation to the audiovisual sector.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-17-3"><num>(3)</num><intro>This section is without prejudice to—</intro><level class="para1" eId="section-17-3-a"><num>(a)</num><content>Article 132 of the Trade and Cooperation Agreement (investment liberali

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-17-3-a"><num>(a)</num><content>Article 132 of the Trade and Cooperation Agreement (investment liberalisation: performance requirements), or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-17-3-b"><num>(b)</num><content>Article 133 of that Agreement (investment liberalisation: non-conforming measures and exceptions).</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18"><num>18</num><heading>Relocation of activities</heading><subsection eId="section-18-1"><num>(1)</num><intro>A subsidy is prohibited by this section if—</intro><level class="para1" eId="section-18-1-a"><num>(a)<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-1"><num>(1)</num><intro>A subsidy is prohibited by this section if—</intro><level class="para1" eId="section-18-1-a"><num>(a)</num><content>it is given to an enterprise subject to a condition that the ente

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-1-a"><num>(a)</num><content>it is given to an enterprise subject to a condition that the enterprise relocates all or part of its existing economic activities, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-1-b"><num>(b)</num><content>the relocation of those activities would not occur but for the giving of the subsidy.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-2"><num>(2)</num><intro>For the purpose of subsection <ref href="#section-18-1">(1)</ref>, an enterprise relocates existing activities if—</intro><level class="para1" eId="section-18-2-a"><num>(a)</num><conte

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-2-a"><num>(a)</num><content>it is carrying on activities in an area of the United Kingdom before the subsidy is given, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-2-b"><num>(b)</num><content>it ceases to carry on those activities in that area after the subsidy is given and instead carries them on in another area of the United Kingdom.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-3"><num>(3)</num><content>The reference in subsection <ref href="#section-18-1">(1)</ref> to economic activities is a reference to any economic activity that entails offering goods or services on a market.</c

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-4"><num>(4)</num><content>The prohibition in subsection <ref href="#section-18-1">(1)</ref> does not apply if the public authority giving the subsidy is satisfied that the conditions in subsections <ref href="#se

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-5"><num>(5)</num><content>The condition in this subsection is that the effect of the subsidy is to reduce the social or economic disadvantages of the area that would benefit from the giving of the subsidy.</c

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-6"><num>(6)</num><content>The condition in this subsection is that the giving of the subsidy results in an overall reduction in the social or economic disadvantages within the United Kingdom generally.</conte

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-7"><num>(7)</num><content>The condition in this subsection is that the subsidy is designed to bring about a change in the size, scope or nature of the existing economic activities referred to in subsection <ref h

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-2-chapter-2-crossheading-ailing-or-insolvent-enterprises"><heading>Ailing or insolvent enterprises</heading><section e

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19"><num>19</num><heading>Rescuing</heading><subsection eId="section-19-1"><num>(1)</num><content>A subsidy for rescuing an ailing or insolvent enterprise is prohibited by this section unless the conditions in subsecti

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-1"><num>(1)</num><content>A subsidy for rescuing an ailing or insolvent enterprise is prohibited by this section unless the conditions in subsections (2) to (4) are met.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-2"><num>(2)</num><content>The condition in this subsection is that the subsidy is given during the preparation by the enterprise of a restructuring plan for the purposes of section 20(2).</content></subsectio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-3"><num>(3)</num><content>The condition in this subsection is that the subsidy consists of temporary liquidity support in the form of a loan or loan guarantee.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-4"><num>(4)</num><intro>The condition in this subsection is that the public authority giving the subsidy is satisfied that—</intro><level class="para1" eId="section-19-4-a"><num>(a)</num><content>the subsi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-4-a"><num>(a)</num><content>the subsidy contributes to an objective of public interest by avoiding social hardship or preventing a severe market failure, in particular with regard to job losses or disrup

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-4-b"><num>(b)</num><content>there are exceptional circumstances that justify the subsidy being given despite its not contributing as mentioned in paragraph (a).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-5"><num>(5)</num><content>This section does not apply to a subsidy for rescuing an ailing or insolvent enterprise that is a deposit taker or insurance company.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20"><num>20</num><heading>Restructuring</heading><subsection eId="section-20-1"><num>(1)</num><content>A subsidy for restructuring an ailing or insolvent enterprise is prohibited by this section unless the conditions i

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-1"><num>(1)</num><content>A subsidy for restructuring an ailing or insolvent enterprise is prohibited by this section unless the conditions in subsections (2) to (6) are met.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-2"><num>(2)</num><content>The condition in this subsection is that the enterprise has prepared a restructuring plan.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-3"><num>(3)</num><intro>The condition in this subsection is that the public authority giving the subsidy is satisfied that the restructuring plan—</intro><level class="para1" eId="section-20-3-a"><num>(a)</nu

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-3-a"><num>(a)</num><content>is credible,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-3-b"><num>(b)</num><content>is based on realistic assumptions, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-3-c"><num>(c)</num><content>is prepared with a view to ensuring the return to long-term viability of the enterprise within a reasonable time period.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-4"><num>(4)</num><intro>The condition in this subsection is that—</intro><level class="para1" eId="section-20-4-a"><num>(a)</num><content>the enterprise is a small or medium-sized enterprise, or</conte

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-4-a"><num>(a)</num><content>the enterprise is a small or medium-sized enterprise, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-4-b"><num>(b)</num><intro>the enterprise or its owners, creditors or new investors—</intro><level class="para2" eId="section-20-4-b-i"><num>(i)</num><content>have contributed significant funds or

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-20-4-b-i"><num>(i)</num><content>have contributed significant funds or assets to the cost of the restructuring, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-20-4-b-ii"><num>(ii)</num><content>have a contractual obligation to do so.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-5"><num>(5)</num><intro>The condition in this subsection is that the public authority giving the subsidy is satisfied that—</intro><level class="para1" eId="section-20-5-a"><num>(a)</num><content>the subsi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-5-a"><num>(a)</num><content>the subsidy contributes to an objective of public interest by avoiding social hardship or preventing a severe market failure, in particular with regard to job losses or disrup

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-5-b"><num>(b)</num><content>there are exceptional circumstances that justify the subsidy being given despite its not contributing as mentioned in paragraph (a).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-6"><num>(6)</num><intro>The condition in this subsection is that—</intro><level class="para1" eId="section-20-6-a"><num>(a)</num><content>a subsidy has not previously been given for restructuring the enter

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-6-a"><num>(a)</num><content>a subsidy has not previously been given for restructuring the enterprise, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-6-b"><num>(b)</num><content>five years have passed since the last time a subsidy was given for restructuring the enterprise.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-7"><num>(7)</num><intro>But a subsidy is not prohibited by reason only of the condition in subsection (6) not being met if the public authority giving the subsidy is satisfied that the circumstances that have giv

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-7-a"><num>(a)</num><content>unforeseeable, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-7-b"><num>(b)</num><content>not caused by the beneficiary of the subsidy.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-8"><num>(8)</num><content>This section does not apply to a subsidy for restructuring an ailing or insolvent enterprise that is a deposit taker or insurance company.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21"><num>21</num><heading>Restructuring deposit takers or insurance companies</heading><subsection eId="section-21-1"><num>(1)</num><content>A subsidy for restructuring an ailing or insolvent deposit taker or insurance

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-1"><num>(1)</num><content>A subsidy for restructuring an ailing or insolvent deposit taker or insurance company is prohibited by this section unless the conditions in subsections (2) to (4) are met.</content>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-2"><num>(2)</num><intro>The condition in this subsection is that—</intro><level class="para1" eId="section-21-2-a"><num>(a)</num><content>the subsidy is given on the basis of a restructuring plan, and<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-2-a"><num>(a)</num><content>the subsidy is given on the basis of a restructuring plan, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-2-b"><num>(b)</num><intro>the public authority giving the subsidy is satisfied that the restructuring plan—</intro><level class="para2" eId="section-21-2-b-i"><num>(i)</num><content>is credible, a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-21-2-b-i"><num>(i)</num><content>is credible, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-21-2-b-ii"><num>(ii)</num><content>is likely to restore long-term viability.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-3"><num>(3)</num><intro>The condition in this subsection is that the beneficiary of the subsidy, its shareholders, its creditors or the business group to which the beneficiary belongs—</intro><level class="pa

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-3-a"><num>(a)</num><content>have contributed significantly to the restructuring costs from their own resources, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-3-b"><num>(b)</num><content>have a contractual obligation to do so.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-4"><num>(4)</num><content>The condition in this subsection is that the public authority giving the subsidy has been or reasonably expects to be properly remunerated for the subsidy.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22"><num>22</num><heading>Liquidating deposit takers or insurance companies</heading><subsection eId="section-22-1"><num>(1)</num><content>A subsidy to an ailing or insolvent deposit taker or insurance company within s

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-1"><num>(1)</num><content>A subsidy to an ailing or insolvent deposit taker or insurance company within subsection (2) is prohibited by this section unless the conditions in subsections (3) to (5) are met.</c

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-2"><num>(2)</num><content>A deposit taker or insurance company is within this subsection if it cannot be credibly demonstrated that it is capable of being returned to long-term viability.</content></subsectio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-3"><num>(3)</num><content>The condition in this subsection is that the subsidy is given to the deposit taker or insurance company for the purpose of ensuring its orderly liquidation and exit from the market.<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-4"><num>(4)</num><intro>The condition in this subsection is that the public authority giving the subsidy is satisfied that—</intro><level class="para1" eId="section-22-4-a"><num>(a)</num><content>the subsi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-4-a"><num>(a)</num><content>the subsidy is limited to what is needed for the purpose mentioned in subsection (3), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-4-b"><num>(b)</num><intro>the subsidy is limited so as to minimise its negative effect on—</intro><level class="para2" eId="section-22-4-b-i"><num>(i)</num><content>competition or investment withi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-22-4-b-i"><num>(i)</num><content>competition or investment within the United Kingdom,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-22-4-b-ii"><num>(ii)</num><content>trade between the United Kingdom and countries and territories outside the United Kingdom, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-22-4-b-iii"><num>(iii)</num><content>investment as between the United Kingdom and countries and territories outside the United Kingdom.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-5"><num>(5)</num><intro>The condition in this subsection is that the beneficiary of the subsidy, its shareholders, its creditors or the business group to which the beneficiary belongs—</intro><level class="pa

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-5-a"><num>(a)</num><content>have contributed significantly to the liquidation costs from their own resources, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-5-b"><num>(b)</num><content>have a contractual obligation to do so.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23"><num>23</num><heading>Liquidity provision for deposit takers or insurance companies</heading><subsection eId="section-23-1"><num>(1)</num><content>A subsidy to support liquidity provision for an ailing or insolvent

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-1"><num>(1)</num><content>A subsidy to support liquidity provision for an ailing or insolvent deposit taker or insurance company is prohibited by this section unless the conditions in subsections (2) to (4) are m

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-2"><num>(2)</num><content>The condition in this subsection is that the subsidy is temporary.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-3"><num>(3)</num><content>The condition in this subsection is that it is a condition of the giving of the subsidy that it is not used to absorb losses and does not become capital support.</content></subsectio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-4"><num>(4)</num><content>The condition in this subsection is that the public authority giving the subsidy has been or reasonably expects to be properly remunerated for the subsidy.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24"><num>24</num><heading>Meaning of “ailing or insolvent”</heading><subsection eId="section-24-1"><num>(1)</num><intro>For the purposes of sections 19 to 23, a deposit taker, insurance company or other enterprise is “

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-1"><num>(1)</num><intro>For the purposes of sections 19 to 23, a deposit taker, insurance company or other enterprise is “ailing or insolvent” if—</intro><level class="para1" eId="section-24-1-a"><num>(a)</nu

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-1-a"><num>(a)</num><content>it would almost certainly go out of business in the short to medium term without subsidies,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-1-b"><num>(b)</num><content>it is unable to pay its debts as they fall due, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-1-c"><num>(c)</num><content>the value of its assets is less than the amount of its liabilities, taking into account its contingent and prospective liabilities.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-2"><num>(2)</num><content>The Secretary of State may by regulations make provision as to when a deposit taker, insurance company or other enterprise is, or is not, to be regarded as meeting the condition in parag

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-3"><num>(3)</num><content>Regulations under subsection (2) are subject to the affirmative procedure.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25"><num>25</num><heading>Meaning of “deposit taker”</heading><subsection eId="section-25-1"><num>(1)</num><intro>In sections 19 to 24, “<term refersTo="#term-deposit-taker" eId="term-deposit-taker">deposit taker</term

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-1"><num>(1)</num><intro>In sections 19 to 24, “<term refersTo="#term-deposit-taker" eId="term-deposit-taker">deposit taker</term>” means a person who has permission to carry on the regulated activity of accepting

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-1-a"><num>(a)</num><content>Part 4A of the Financial Services and Markets Act 2000 (permission to carry on regulated activities), or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-1-b"><num>(b)</num><content>paragraph 15 of Schedule 3 to that Act (EEA passport rights), as it has effect as a result of section 409 of that Act (Gibraltar).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-2"><num>(2)</num><content>But “<term refersTo="#term-deposit-taker" eId="term-deposit-taker">deposit taker</term>” does not include a person who has permission to carry on the regulated activity of accepting depo

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-3"><num>(3)</num><content>In this section “<term refersTo="#term-regulated-activity" eId="term-regulated-activity">regulated activity</term>” has the meaning given by section 22 of the Financial Services and Mark

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26"><num>26</num><heading>Meaning of “insurance company”</heading><subsection eId="section-26-1"><num>(1)</num><intro>In sections 19 to 24, “<term refersTo="#term-insurance-company" eId="term-insurance-company">insuran

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-1"><num>(1)</num><intro>In sections 19 to 24, “<term refersTo="#term-insurance-company" eId="term-insurance-company">insurance company</term>” means a body corporate that has permission to carry on the regulated

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-1-a"><num>(a)</num><content>Part 4A of the Financial Services and Markets Act 2000 (permission to carry on regulated activities), or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-1-b"><num>(b)</num><content>paragraph 15 of Schedule 3 to that Act (EEA passport rights), as it has effect as a result of section 409 of that Act (Gibraltar).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-2"><num>(2)</num><intro>But “<term refersTo="#term-insurance-company" eId="term-insurance-company">insurance company</term>” does not include—</intro><level class="para1" eId="section-26-2-a"><num>(a)</num><c

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-2-a"><num>(a)</num><content>a registered society within the meaning of the <ref eId="c00001" href="http://www.legislation.gov.uk/id/apni/1969/24">Co-operative and Community Benefit Societies Act (Norther

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-2-b"><num>(b)</num><content>a friendly society within the meaning of the Friendly Societies Act 1992,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-2-c"><num>(c)</num><content>a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-2-d"><num>(d)</num><content>a member of Lloyd’s that is not a company within the meaning of the Companies Acts (see sections 1(1) and 2(1) of the Companies Act 2006).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-3"><num>(3)</num><content>In this section “<term refersTo="#term-regulated-activity" eId="term-regulated-activity">regulated activity</term>” has the meaning given by section 22 of the Financial Services and Mark

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-2-chapter-2-crossheading-other-specific-prohibitions-and-requirements"><heading>Other specific prohibitions and requir

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27"><num>27</num><heading>Subsidies for insurers that provide export credit insurance</heading><subsection eId="section-27-1"><num>(1)</num><intro>A subsidy to an insurer that provides export credit insurance is prohib

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-1"><num>(1)</num><intro>A subsidy to an insurer that provides export credit insurance is prohibited by this section unless the subsidy is given subject to a condition that—</intro><level class="para1" eId="se

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-1-a"><num>(a)</num><content>any export credit insurance provided by the insurer against marketable risks is provided on a commercial basis, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-1-b"><num>(b)</num><content>the subsidy is not used to directly or indirectly benefit so much of the insurer’s business as consists of providing export credit insurance against marketable risks.</con

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-2"><num>(2)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-export-credit-insurance" eId="term-export-credit-insurance">export credit insurance</term>” has

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(a)</num><content>the United Kingdom,</content></level>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><intro>“<term refersTo="#term-subsidy-control-functions" eId="term-subsidy-control-functions">subsidy control functions</term>” means—</intro><level class="para1"><num>(a)</num><content>the functions of

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28"><num>28</num><heading>Subsidies for air carriers for the operation of routes</heading><subsection eId="section-28-1"><num>(1)</num><content>A subsidy to an air carrier for the operation of a route is prohibited by

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-1"><num>(1)</num><content>A subsidy to an air carrier for the operation of a route is prohibited by this section unless the condition in subsection (2), (3) or (4) is met.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-2"><num>(2)</num><intro>The condition in this subsection is that operating the route is a public service obligation of the air carrier imposed under—</intro><level class="para1" eId="section-28-2-a"><num>(a)<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-28-2-a"><num>(a)</num><content>Regulation <ref eId="c00002" href="http://www.legislation.gov.uk/european/regulation/2008/1008">(EC) No 1008/2008</ref> of the European Parliament and of the Council of 24 Sep

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-28-2-b"><num>(b)</num><content>Regulation <ref eId="c00003" href="http://www.legislation.gov.uk/european/regulation/2008/1008">(EC) No 1008/2008</ref> of the European Parliament and of the Council of 24 Sep

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-3"><num>(3)</num><content>The condition in this subsection is that the public authority giving the subsidy is satisfied that the subsidy will provide benefits for society at large.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-4"><num>(4)</num><intro>The condition in this subsection is that—</intro><level class="para1" eId="section-28-4-a"><num>(a)</num><content>the subsidy is a start-up subsidy for opening a new route to a regi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-28-4-a"><num>(a)</num><content>the subsidy is a start-up subsidy for opening a new route to a regional airport, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-28-4-b"><num>(b)</num><content>the public authority giving the subsidy is satisfied that the new route will increase the mobility of citizens and stimulate regional development.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29"><num>29</num><heading>Services of public economic interest</heading><subsection eId="section-29-1"><num>(1)</num><content>The requirements in subsections (2) and (3) apply in relation to the giving of a subsidy to

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-1"><num>(1)</num><content>The requirements in subsections (2) and (3) apply in relation to the giving of a subsidy to a SPEI enterprise for the purpose of the provision of SPEI services.</content></subsection

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-2"><num>(2)</num><intro>The public authority giving the subsidy must be satisfied that the amount of the subsidy is limited to what is necessary to deliver the SPEI services, having regard to—</intro><level c

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-2-a"><num>(a)</num><content>costs in delivering the SPEI services, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-2-b"><num>(b)</num><content>reasonable profits to be made in doing so.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-3"><num>(3)</num><content>The subsidy must be given in a transparent manner.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-4"><num>(4)</num><intro>For the purposes of subsection (3), a subsidy is given in a “transparent manner” only if—</intro><level class="para1" eId="section-29-4-a"><num>(a)</num><content>the subsidy is give

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-4-a"><num>(a)</num><content>the subsidy is given in accordance with a written contract or other legally enforceable arrangement in writing,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-4-b"><num>(b)</num><content>the terms on which the subsidy is given are set out in the contract or arrangement, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-4-c"><num>(c)</num><content>the contract or arrangement includes the information in subsection (5).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-5"><num>(5)</num><intro>The information is—</intro><level class="para1" eId="section-29-5-a"><num>(a)</num><content>the SPEI services in respect of which the subsidy is given;</content></level><level c

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-5-a"><num>(a)</num><content>the SPEI services in respect of which the subsidy is given;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-5-b"><num>(b)</num><content>the SPEI enterprise that is tasked with providing the SPEI services;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-5-c"><num>(c)</num><content>the period for which the SPEI services are to be provided (“the delivery period”);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-5-d"><num>(d)</num><content>the geographic area in which the SPEI services are to be provided;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-5-e"><num>(e)</num><content>how the amount of subsidy given in respect of the SPEI services is determined;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-5-f"><num>(f)</num><content>arrangements for the purposes of subsection (6) in respect of reviews and steps that may be taken for recovery.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-6"><num>(6)</num><intro>Where a subsidy is given to a SPEI enterprise, the public authority giving the subsidy—</intro><level class="para1" eId="section-29-6-a"><num>(a)</num><content>must, during the deli

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-6-a"><num>(a)</num><content>must, during the delivery period, keep under regular review the use of the subsidy to ensure that the condition in subsection (2) continues to be met, and</content></level

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-6-b"><num>(b)</num><content>must take steps, in accordance with its rights under the contract or arrangement mentioned in subsection (4), to recover a subsidy to the extent that the condition in subsecti

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-7"><num>(7)</num><intro>For the purposes of the duty in subsection (6)(a), checks must be carried out as to the use of a subsidy—</intro><level class="para1" eId="section-29-7-a"><num>(a)</num><content>at

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-7-a"><num>(a)</num><content>at least once every 3 years beginning with the day when the delivery period begins, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-7-b"><num>(b)</num><content>at the end of the delivery period.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-8"><num>(8)</num><content>The duties under section 12(1) apply to the giving of a subsidy in accordance with this section to a SPEI enterprise for the provision of SPEI services only so far as the carrying out of

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-9"><num>(9)</num><intro>In this Act—</intro><hcontainer name="definition"><content>“<term refersTo="#term-spei-enterprise" eId="term-spei-enterprise">SPEI enterprise</term>” means an enterprise that is ass

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-reporting-period" eId="term-reporting-period">reporting period</term>” has the meaning given by section 53(3).</content></hcontainer>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-2-chapter-2-crossheading-subsidy-schemes"><heading>Subsidy schemes</heading><section eId="section-30"><num>30</num><he

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-30"><num>30</num><heading>Effect of prohibitions etc in relation to subsidy schemes</heading><subsection eId="section-30-1"><num>(1)</num><content>The preceding provisions of this Chapter relating to subsidies do not a

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-30-1"><num>(1)</num><content>The preceding provisions of this Chapter relating to subsidies do not apply to a subsidy given under a subsidy scheme.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-30-2"><num>(2)</num><content>A subsidy scheme is prohibited by this section to the extent that it provides for the giving of a subsidy that would, but for subsection (1), be prohibited by, or in contravention of, a

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-2-chapter-2-crossheading-subsidies-or-schemes-subject-to-mandatory-referral"><heading>Subsidies or schemes subject to

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31"><num>31</num><heading>Subsidies or schemes subject to mandatory referral</heading><subsection eId="section-31-1"><num>(1)</num><intro>A subsidy, or subsidy scheme, in respect of which a public authority must reques

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-1"><num>(1)</num><intro>A subsidy, or subsidy scheme, in respect of which a public authority must request a report from the CMA under section 52(1), is prohibited if—</intro><level class="para1" eId="section-

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-1-a"><num>(a)</num><content>a mandatory referral request has not been submitted in relation to it,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-1-b"><num>(b)</num><content>a mandatory referral request has been submitted, but the CMA has given a notice under section 53(1)(b) that the request does not comply with the requirements under section 52,

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-1-c"><num>(c)</num><content>a mandatory referral request has been submitted, the CMA report has not been published but the reporting period has not expired, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-1-d"><num>(d)</num><content>a mandatory referral request has been submitted, the CMA report has been published but the cooling off period has not expired.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-2"><num>(2)</num><content>References in subsection (1) to publication of the CMA report are references to the report required under section 53 to be published by the CMA in response to a mandatory referral reques

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-3"><num>(3)</num><intro>In subsection (1)—</intro><hcontainer name="definition"><content>“<term refersTo="#term-cooling-off-period" eId="term-cooling-off-period">cooling off period</term>” has the meaning

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-regulated-activity" eId="term-regulated-activity">regulated activity</term>” has the meaning given by section 22 of the Financial Services and Markets Act 2000, taken with Schedu

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="part-2-chapter-3"><num>CHAPTER 3</num><heading>Transparency</heading><section eId="section-32"><num>32</num><heading>Subsidy database</heading><subsection eId="section-32-1"><num>(1)</num><content>The Secretary of State must m

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-32"><num>32</num><heading>Subsidy database</heading><subsection eId="section-32-1"><num>(1)</num><content>The Secretary of State must make arrangements for the provision of a database of subsidies and subsidy schemes f

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-32-1"><num>(1)</num><content>The Secretary of State must make arrangements for the provision of a database of subsidies and subsidy schemes for the purposes of this Part (“the subsidy database”).</content></subs

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-32-2"><num>(2)</num><intro>The Secretary of State must ensure that—</intro><level class="para1" eId="section-32-2-a"><num>(a)</num><content>the subsidy database is accessible to the public free of charge,

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-32-2-a"><num>(a)</num><content>the subsidy database is accessible to the public free of charge,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-32-2-b"><num>(b)</num><content>public authorities are able to edit the subsidy database for the purpose of carrying out their duties under section 33, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-32-2-c"><num>(c)</num><content>the subsidy database is kept under review in such manner and at such intervals as the Secretary of State considers appropriate.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-32-3"><num>(3)</num><content>The Secretary of State may direct the CMA to perform on behalf of the Secretary of State the duties under this section.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33"><num>33</num><heading>Duty to include information in the subsidy database</heading><subsection eId="section-33-1"><num>(1)</num><intro>A public authority must ensure that an entry in the subsidy database is made in

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-1"><num>(1)</num><intro>A public authority must ensure that an entry in the subsidy database is made in respect of—</intro><level class="para1" eId="section-33-1-a"><num>(a)</num><content>a subsidy given b

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-1-a"><num>(a)</num><content>a subsidy given by the authority (subject to subsection (2)), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-1-b"><num>(b)</num><content>a subsidy scheme made by the authority.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-2"><num>(2)</num><intro>Subsection <ref href="#section-33-1-a">(1)(a)</ref> does not apply to a subsidy if—</intro><level class="para1" eId="section-33-2-a"><num>(a)</num><content>it is given under a subsi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-2-a"><num>(a)</num><content>it is given under a subsidy scheme,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-2-b"><num>(b)</num><content>an entry is made in the subsidy database in respect of the scheme, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-2-c"><num>(c)</num><content>the amount of the subsidy is no more than £100,000.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-3"><num>(3)</num><intro>An entry in the subsidy database must be made in respect of a subsidy or scheme—</intro><level class="para1" eId="section-33-3-a"><num>(a)</num><content>if given as a subsidy in the

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-3-a"><num>(a)</num><content>if given as a subsidy in the form of a tax measure, within one year beginning with the date of the tax declaration,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-3-b"><num>(b)</num><content>if made as a subsidy scheme in the form of a tax measure, within three months of the confirmation of the decision to make the scheme, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-3-c"><num>(c)</num><content>if given or made in any other form, within three months of confirmation of the decision to give the subsidy or make the subsidy scheme.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-4"><num>(4)</num><content>A public authority must ensure that an entry it makes under this section is maintained on the subsidy database for six years beginning with the date on which the entry is made, or for th

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-5"><num>(5)</num><intro>Where a subsidy or subsidy scheme is modified, the public authority must ensure that the modification is entered in the subsidy database—</intro><level class="para1" eId="section-33-5-

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-5-a"><num>(a)</num><content>within one year of the date of the modification, in respect of a subsidy given in the form of a tax measure,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-5-b"><num>(b)</num><content>within three months of the date of the modification, in respect of a subsidy scheme made in the form of a tax measure, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-5-c"><num>(c)</num><content>within three months of the date of the modification, in respect of a subsidy given, or subsidy scheme made, in any other form.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-6"><num>(6)</num><intro>Subsection <ref href="#section-33-5">(5)</ref> does not apply to the modification of a subsidy if—</intro><level class="para1" eId="section-33-6-a"><num>(a)</num><content>the subsid

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-6-a"><num>(a)</num><content>the subsidy is one to which subsection (2) applied, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-6-b"><num>(b)</num><content>the amount of the subsidy as modified is no more than the applicable amount.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-7"><num>(7)</num><intro>For the purpose of subsection <ref href="#section-33-6-b">(6)(b)</ref> “the applicable amount” is—</intro><level class="para1" eId="section-33-7-a"><num>(a)</num><content>the amount

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-7-a"><num>(a)</num><content>the amount specified in subsection (2)(c), or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-7-b"><num>(b)</num><content>if regulations under subsection <ref href="#section-33-9-b">(9)(b)</ref> provide for a different amount in relation to the subsidy, that amount.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-8"><num>(8)</num><intro>For the purpose of subsection <ref href="#section-33-2-c">(2)(c)</ref>—</intro><level class="para1" eId="section-33-8-a"><num>(a)</num><content>if the subsidy is provided in cash, t

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-8-a"><num>(a)</num><content>if the subsidy is provided in cash, the gross cash amount given is to be used in determining the amount of the subsidy;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-8-b"><num>(b)</num><content>if the subsidy is provided otherwise than in cash, the amount of the subsidy given is to be determined by reference to the gross cash equivalent of the subsidy.</content><

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-9"><num>(9)</num><intro>The Secretary of State may by regulations—</intro><level class="para1" eId="section-33-9-a"><num>(a)</num><content>substitute a different amount for the amount specified in subsecti

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-9-a"><num>(a)</num><content>substitute a different amount for the amount specified in subsection <ref href="#section-33-2-c">(2)(c)</ref>;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-9-b"><num>(b)</num><content>provide for a different amount to apply, instead of an amount specified in subsection (2)(c), in the case of particular descriptions of subsidy.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-10"><num>(10)</num><content>An amount specified in regulations under subsection <ref href="#section-33-9">(9)</ref> may not exceed £500,000.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-11"><num>(11)</num><intro>The Secretary of State may by regulations—</intro><level class="para1" eId="section-33-11-a"><num>(a)</num><content>amend subsection <ref href="#section-33-3">(3)</ref> or <ref hr

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-11-a"><num>(a)</num><content>amend subsection <ref href="#section-33-3">(3)</ref> or <ref href="#section-33-5">(5)</ref> so as to substitute a different period of time for the period of time specified;</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-11-b"><num>(b)</num><content>provide for a different period of time to apply, instead of a period of time specified in subsection (3) or (5) in the case of particular descriptions of subsidy or subsidy s

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-12"><num>(12)</num><intro>A period of time specified in regulations under subsection <ref href="#section-33-11">(11)</ref> may not exceed—</intro><level class="para1" eId="section-33-12-a"><num>(a)</num><cont

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-12-a"><num>(a)</num><content>one year in respect of a subsidy given in the form of a tax measure;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-12-b"><num>(b)</num><content>one year in respect of a subsidy scheme made in the form of a tax measure;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-12-c"><num>(c)</num><content>six months in respect of a subsidy given or scheme made in any other form.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-13"><num>(13)</num><content>Regulations under subsection <ref href="#section-33-9">(9)</ref> or <ref href="#section-33-11">(11)</ref> are subject to the affirmative procedure.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34"><num>34</num><heading>Information to be included in the subsidy database</heading><subsection eId="section-34-1"><num>(1)</num><content>The Secretary of State may by regulations make provision about the information

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-1"><num>(1)</num><content>The Secretary of State may by regulations make provision about the information that must be included in a public authority’s entry in the subsidy database in relation to a subsidy or sub

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-2"><num>(2)</num><intro>The regulations may, in particular, require a public authority’s entry to include—</intro><level class="para1" eId="section-34-2-a"><num>(a)</num><content>the power under which the

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-2-a"><num>(a)</num><content>the power under which the subsidy is given;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-2-b"><num>(b)</num><content>the policy objective of the subsidy or scheme;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-2-c"><num>(c)</num><content>the name of the beneficiary to which the subsidy is given;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-2-d"><num>(d)</num><content>the date the public authority confirms the decision to give the subsidy or make the scheme;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-2-e"><num>(e)</num><content>the duration of the subsidy or scheme;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-2-f"><num>(f)</num><content>any time limits or other conditions attached to the use of the subsidy or scheme;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-2-g"><num>(g)</num><content>the amount of the subsidy or scheme or the amount budgeted for the subsidy or scheme;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-2-h"><num>(h)</num><content>the location of any of the information mentioned in paragraphs (a) to (g) and subsection (3);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-2-i"><num>(i)</num><content>the location of any other publicly available information relating to the subsidy or scheme.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-3"><num>(3)</num><intro>In relation to subsidy schemes, the regulations may require a public authority’s entry to include—</intro><level class="para1" eId="section-34-3-a"><num>(a)</num><content>the catego

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-3-a"><num>(a)</num><content>the categories of beneficiary eligible to receive subsidies under the scheme;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-3-b"><num>(b)</num><content>the terms and conditions for subsidy eligibility;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-3-c"><num>(c)</num><content>the basis for the calculation of the subsidy including any relevant conditions relating to subsidy ratios.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-4"><num>(4)</num><content>Regulations under this section are subject to the negative procedure.</content></subsection>

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="part-3"><num>PART 3</num><heading>Exemptions</heading><chapter eId="part-3-chapter-1"><num>CHAPTER 1</num><

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="part-3-chapter-1"><num>CHAPTER 1</num><heading>Introductory</heading><section eId="section-35"><num>35</num><heading>Introductory</heading><subsection eId="section-35-1"><num>(1)</num><content>This Part provides for cases in w

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35"><num>35</num><heading>Introductory</heading><subsection eId="section-35-1"><num>(1)</num><content>This Part provides for cases in which the subsidy control requirements do not apply to the giving of a subsidy.<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-1"><num>(1)</num><content>This Part provides for cases in which the subsidy control requirements do not apply to the giving of a subsidy.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-2"><num>(2)</num><content>Where the subsidy control requirements do not apply to the giving of a subsidy, those requirements are to be taken as not applying to the making of a subsidy scheme so far as it provides

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-3"><num>(3)</num><content>Subsection (2) is subject to express provision in this Part about the application of the subsidy control requirements to subsidy schemes.</content></subsection>

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="part-3-chapter-2"><num>CHAPTER 2</num><heading>Minimal or SPEI financial assistance</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-chapter-2

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-3-chapter-2-crossheading-minimal-financial-assistance"><heading>Minimal financial assistance</heading><section eId="se

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36"><num>36</num><heading>Minimal financial assistance</heading><subsection eId="section-36-1"><num>(1)</num><content>The subsidy control requirements do not apply to minimal financial assistance given to an enterprise

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-1"><num>(1)</num><content>The subsidy control requirements do not apply to minimal financial assistance given to an enterprise if the total amount of minimal or SPEI financial assistance given to the enterprise w

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-2"><num>(2)</num><intro>The applicable period is the period comprising—</intro><level class="para1" eId="section-36-2-a"><num>(a)</num><content>the elapsed part of the current financial year, and</cont

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-2-a"><num>(a)</num><content>the elapsed part of the current financial year, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-2-b"><num>(b)</num><content>the two financial years immediately preceding the current financial year.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-3"><num>(3)</num><content>“<term refersTo="#term-minimal-financial-assistance" eId="term-minimal-financial-assistance">Minimal financial assistance</term>” means a subsidy given under this section, and for this p

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-4"><num>(4)</num><content>In subsection <ref href="#section-36-1">(1)</ref>, the reference to the subsidy control requirements does not include the requirements as to transparency in Chapter 3 of Part 2 except in

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-5"><num>(5)</num><intro>For the purposes of this section—</intro><level class="para1" eId="section-36-5-a"><num>(a)</num><content>if minimal financial assistance is provided in cash, the gross cash amount

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-5-a"><num>(a)</num><content>if minimal financial assistance is provided in cash, the gross cash amount given is to be used in determining the amount of assistance;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-5-b"><num>(b)</num><content>if minimal financial assistance is provided otherwise than in cash, the amount of assistance given is to be determined by reference to the gross cash equivalent of the assista

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-6"><num>(6)</num><content>This section does not authorise the giving of a subsidy relating to goods that is in contravention of section 16 (export performance) or 17 (use of domestic goods or services).</cont

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-7"><num>(7)</num><intro>In subsection <ref href="#section-36-2">(2)</ref>—</intro><level class="para1" eId="section-36-7-a"><num>(a)</num><content>the “current financial year” is the financial year in whic

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-7-a"><num>(a)</num><content>the “current financial year” is the financial year in which the minimal financial assistance is given, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-7-b"><num>(b)</num><content>the “elapsed part” of that year is so much of it as has passed at the time when it is given.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37"><num>37</num><heading>Section 36: procedural requirements</heading><subsection eId="section-37-1"><num>(1)</num><content>Before giving minimal financial assistance, a public authority must give to the enterprise a

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-1"><num>(1)</num><content>Before giving minimal financial assistance, a public authority must give to the enterprise a minimal financial assistance notification.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-2"><num>(2)</num><intro>A “<term refersTo="#term-minimal-financial-assistance-notification" eId="term-minimal-financial-assistance-notification">minimal financial assistance notification</term>” means a written s

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-2-a"><num>(a)</num><content>explaining that the authority is proposing to give to the enterprise a subsidy by way of minimal financial assistance,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-2-b"><num>(b)</num><content>specifying the gross value amount of the assistance, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-2-c"><num>(c)</num><content>requesting written confirmation from the enterprise that the total amount specified in section 36(1) will not be exceeded by the enterprise receiving the proposed assistance.<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-3"><num>(3)</num><content>The public authority may proceed to give the assistance only after it has received the confirmation referred to in subsection (2)(c).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-4"><num>(4)</num><content>On giving the assistance, the public authority must provide to the enterprise a minimal financial assistance confirmation.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-5"><num>(5)</num><intro>A “<term refersTo="#term-minimal-financial-assistance-confirmation" eId="term-minimal-financial-assistance-confirmation">minimal financial assistance confirmation</term>” means a written s

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-5-a"><num>(a)</num><content>that the subsidy is given as minimal financial assistance,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-5-b"><num>(b)</num><content>the date on which it is given, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-5-c"><num>(c)</num><content>the gross value amount of the assistance.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-6"><num>(6)</num><intro>The enterprise must keep a written record detailing—</intro><level class="para1" eId="section-37-6-a"><num>(a)</num><content>that it has received a subsidy by way of minimal financi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-6-a"><num>(a)</num><content>that it has received a subsidy by way of minimal financial assistance,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-6-b"><num>(b)</num><content>the date on which it was given, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-6-c"><num>(c)</num><content>the gross value amount of the assistance.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-7"><num>(7)</num><content>The record required by subsection (6) must be kept for at least three years beginning with the date mentioned in paragraph (b) of that subsection.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-8"><num>(8)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-the-enterprise" eId="term-the-enterprise">the enterprise</term>” means the enterprise that rece

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-the-tribunal" eId="term-the-tribunal">the Tribunal</term>” means the Competition Appeal Tribunal;</content></hcontainer>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-A" class="schProv1"><num>A</num><intro>Subsidies in relation to energy and environment shall be aimed at and incentivise the beneficiary in—</intro><level class="para1" eId="schedule-2-paragraph-A-a"

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-2-paragraph-A-a"><num>(a)</num><content>delivering a secure, affordable and sustainable energy system and a well-functioning and competitive energy market, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-2-paragraph-A-b"><num>(b)</num><content>increasing the level of environmental protection compared to the level that would be achieved in the absence of the subsidy.</content></level>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="definition"><content>“<term refersTo="#term-subordinate-legislation" eId="term-subordinate-legisl

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-3-chapter-2-crossheading-services-of-public-economic-interest-assistance"><heading>Services of public economic interes

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38"><num>38</num><heading>Services of public economic interest assistance</heading><subsection eId="section-38-1"><num>(1)</num><content>The subsidy control requirements do not apply to SPEI assistance given to an ente

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-1"><num>(1)</num><content>The subsidy control requirements do not apply to SPEI assistance given to an enterprise if the total amount of minimal or SPEI financial assistance given to the enterprise within the app

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-2"><num>(2)</num><intro>The applicable period is the period comprising—</intro><level class="para1" eId="section-38-2-a"><num>(a)</num><content>the elapsed part of the current financial year, and</cont

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-2-a"><num>(a)</num><content>the elapsed part of the current financial year, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-2-b"><num>(b)</num><content>the two financial years immediately preceding the current financial year.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-3"><num>(3)</num><intro>“<term refersTo="#term-spei-assistance" eId="term-spei-assistance">SPEI assistance</term>” means a subsidy given under this section, and for this purpose a subsidy is given under this sect

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-3-a"><num>(a)</num><content>it is given to a SPEI enterprise for the purposes of the provision of SPEI services, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-3-b"><num>(b)</num><content>the authority giving the subsidy provides to the enterprise a SPEI assistance confirmation (see section 39(5)).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-4"><num>(4)</num><content>In subsection (1), the reference to the subsidy control requirements does not include the requirements as to transparency in Chapter 3 of Part 2 except in relation to the giving of a sub

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-5"><num>(5)</num><intro>For the purposes of this section—</intro><level class="para1" eId="section-38-5-a"><num>(a)</num><content>if SPEI assistance is provided in cash, the gross cash amount given is to b

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-5-a"><num>(a)</num><content>if SPEI assistance is provided in cash, the gross cash amount given is to be used in determining the amount of assistance;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-5-b"><num>(b)</num><content>if SPEI assistance is provided otherwise than in cash, the amount of assistance given is to be determined by reference to the gross cash equivalent of the assistance.</con

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-6"><num>(6)</num><content>This section does not authorise the giving of a subsidy relating to goods that is in contravention of section 16 (export performance) or 17 (use of domestic goods or services).</cont

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-7"><num>(7)</num><intro>In subsection <ref href="#section-38-2">(2)</ref>—</intro><level class="para1" eId="section-38-7-a"><num>(a)</num><content>the “current financial year” is the financial year in whic

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-7-a"><num>(a)</num><content>the “current financial year” is the financial year in which the SPEI assistance is given, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-7-b"><num>(b)</num><content>the “elapsed part” of that year is so much of it as has passed at the time when it is given.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39"><num>39</num><heading>Section 38: procedural requirements</heading><subsection eId="section-39-1"><num>(1)</num><content>Before giving SPEI assistance, a public authority must give to the enterprise a SPEI assistan

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-1"><num>(1)</num><content>Before giving SPEI assistance, a public authority must give to the enterprise a SPEI assistance notification.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-2"><num>(2)</num><intro>A “<term refersTo="#term-spei-assistance-notification" eId="term-spei-assistance-notification">SPEI assistance notification</term>” means a written statement—</intro><level class="para

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-2-a"><num>(a)</num><content>explaining that the authority is proposing to give to the enterprise a subsidy by way of SPEI assistance,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-2-b"><num>(b)</num><content>specifying the gross value amount of the assistance, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-2-c"><num>(c)</num><content>requesting written confirmation from the enterprise that the total amount specified in section 38(1) will not be exceeded by the enterprise receiving the proposed assistance.<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-3"><num>(3)</num><content>The public authority may proceed to give the assistance only after it has received the confirmation referred to in subsection (2)(c).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-4"><num>(4)</num><content>On giving the assistance, the public authority must provide to the enterprise a SPEI assistance confirmation.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-5"><num>(5)</num><intro>A “<term refersTo="#term-spei-assistance-confirmation" eId="term-spei-assistance-confirmation">SPEI assistance confirmation</term>” means a written statement confirming—</intro><level

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-5-a"><num>(a)</num><content>that the subsidy is given as SPEI assistance,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-5-b"><num>(b)</num><content>the date on which it is given, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-5-c"><num>(c)</num><content>the gross value amount of the assistance.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-6"><num>(6)</num><intro>The enterprise must keep a written record detailing—</intro><level class="para1" eId="section-39-6-a"><num>(a)</num><content>that it has received a subsidy by way of SPEI assistance

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-6-a"><num>(a)</num><content>that it has received a subsidy by way of SPEI assistance,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-6-b"><num>(b)</num><content>the date on which it was given, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-6-c"><num>(c)</num><content>the gross value amount of the assistance.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-7"><num>(7)</num><content>The record required by subsection (6) must be kept for at least three years beginning with the date mentioned in paragraph (b) of that subsection.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-8"><num>(8)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-the-enterprise" eId="term-the-enterprise">the enterprise</term>” means the enterprise that rece

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-short-term-export-credit-insurance" eId="term-short-term-export-credit-insurance">short-term export credit insurance</term>” means export credit insurance with a risk period of l

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-3-chapter-2-crossheading-general"><heading>General</heading><section eId="section-40"><num>40</num><heading>Mergers an

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40"><num>40</num><heading>Mergers and acquisitions</heading><subsection eId="section-40-1"><num>(1)</num><intro>Subsection (2) applies where—</intro><level class="para1" eId="section-40-1-a"><num>(a)</num><content>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-1"><num>(1)</num><intro>Subsection (2) applies where—</intro><level class="para1" eId="section-40-1-a"><num>(a)</num><content>all or part of the undertaking, property and liabilities of an enterprise (ente

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-1-a"><num>(a)</num><content>all or part of the undertaking, property and liabilities of an enterprise (enterprise A) are transferred to another existing enterprise (enterprise B), and</content></leve

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-1-b"><num>(b)</num><content>minimal or SPEI financial assistance was given to enterprise A before the transfer.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-2"><num>(2)</num><intro>In determining whether a relevant threshold is exceeded in respect of enterprise B—</intro><level class="para1" eId="section-40-2-a"><num>(a)</num><content>in a case where all of th

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-2-a"><num>(a)</num><content>in a case where all of the undertaking, property and liabilities of enterprise A is transferred, any minimal or SPEI financial assistance given to enterprise A before the tran

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-2-b"><num>(b)</num><content>in a case where only part of the undertaking, property and liabilities of enterprise A is transferred, the proportionate part of the minimal or SPEI financial assistance given

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-3"><num>(3)</num><intro>Subsection (4) applies where—</intro><level class="para1" eId="section-40-3-a"><num>(a)</num><content>all or part of the undertaking, property and liabilities of two or more enterpr

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-3-a"><num>(a)</num><content>all or part of the undertaking, property and liabilities of two or more enterprises (the predecessor enterprises) are transferred to a new enterprise (the successor enterprise

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-3-b"><num>(b)</num><content>minimal or SPEI financial assistance was given to one or more of the predecessor enterprises before the transfer.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-4"><num>(4)</num><intro>In determining whether a relevant threshold is exceeded in respect of the successor enterprise—</intro><level class="para1" eId="section-40-4-a"><num>(a)</num><content>in a case whe

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-4-a"><num>(a)</num><content>in a case where all of the undertaking, property and liabilities of the predecessor enterprises is transferred, any minimal or SPEI financial assistance given to the predecess

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-4-b"><num>(b)</num><content>in a case where only part of the undertaking, property and liabilities of the predecessor enterprises is transferred, the proportionate part of the minimal or SPEI financial a

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-5"><num>(5)</num><intro>The “proportionate part” of minimal or SPEI financial assistance is—</intro><level class="para1" eId="section-40-5-a"><num>(a)</num><content>such part of the assistance as is fairly

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-5-a"><num>(a)</num><content>such part of the assistance as is fairly attributable to the activities carried on by the part of the undertaking that is transferred, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-5-b"><num>(b)</num><content>if it is not reasonably practicable to apply paragraph (a), such part of the assistance that is proportionate to the value of the part of the undertaking that is transferred.<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-6"><num>(6)</num><content>Any minimal or SPEI financial assistance that is attributed to enterprise B, or to a successor enterprise, by virtue of this section is to treated as such assistance lawfully given to en

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-7"><num>(7)</num><content>In this section “<term refersTo="#term-relevant-threshold" eId="term-relevant-threshold">relevant threshold</term>” means the total amount specified in section 36(1) or (as the case may

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41"><num>41</num><heading>Exemption for certain subsidies given to SPEI enterprises</heading><subsection eId="section-41-1"><num>(1)</num><content>The requirements as to transparency in Chapter 3 of Part 2 do not apply

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-1"><num>(1)</num><content>The requirements as to transparency in Chapter 3 of Part 2 do not apply to a subsidy given to a SPEI enterprise for the purpose of the provision of SPEI services, where the subsidy is no

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-2"><num>(2)</num><intro>For the purposes of subsection <ref href="#section-41-1">(1)</ref>—</intro><level class="para1" eId="section-41-2-a"><num>(a)</num><content>if assistance is provided in cash, the gr

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-2-a"><num>(a)</num><content>if assistance is provided in cash, the gross cash amount given is to be used in determining the amount of the assistance;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-2-b"><num>(b)</num><content>if assistance is provided otherwise than in cash, the amount of assistance given is to be determined by reference to the gross cash equivalent of the assistance.</content>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42"><num>42</num><heading>Chapter 2: supplementary and interpretative provision</heading><subsection eId="section-42-1"><num>(1)</num><intro>The Secretary of State may by regulations—</intro><level class="para1" eI

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-1"><num>(1)</num><intro>The Secretary of State may by regulations—</intro><level class="para1" eId="section-42-1-a"><num>(a)</num><content>amend section 36(1), 38(1) or 41(1) so as to substitute a differen

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-1-a"><num>(a)</num><content>amend section 36(1), 38(1) or 41(1) so as to substitute a different amount for the amount specified;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-1-b"><num>(b)</num><content>provide for a lower amount to apply, instead of an amount specified in section 36(1), 38(1) or 41(1), in the case of particular descriptions of subsidy;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-1-c"><num>(c)</num><content>amend section 36(4) or 38(4) so as to substitute a different amount for the amount specified;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-1-d"><num>(d)</num><content>provide for a different amount to apply, instead of an amount specified in section 36(4) or 38(4), in the case of particular descriptions of subsidy.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-2"><num>(2)</num><intro>The power to make regulations under subsection (1)(a) may be exercised so as to substitute a higher amount for the purpose of securing that the amount specified in sterling is up to an equ

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-2-a"><num>(a)</num><content>325,000 special drawing rights, in the case of the amount specified in section 36(1);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-2-b"><num>(b)</num><content>750,000 special drawing rights, in the case of the amount specified in section 38(1);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-2-c"><num>(c)</num><content>15,000,000 special drawing rights, in the case of the amount specified in section 41(1).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-3"><num>(3)</num><intro>For the purpose of determining the equivalent in sterling on a particular day of a sum expressed in special drawing rights, one special drawing right is to be treated as such sum in sterli

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-3-b"><num>(b)</num><content>if no sum has been fixed for that day, the last day before that day for which a sum has been so fixed.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-4"><num>(4)</num><content>An amount specified in regulations under subsection (1)(c) or (d) which amend section 36(4) may not exceed the amount specified in section 36(1).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-5"><num>(5)</num><content>An amount specified in regulations under subsection (1)(c) or (d) which amend section 38(4) may not exceed the amount specified in section 38(1).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-6"><num>(6)</num><content>Regulations under subsection <ref href="#section-42-1">(1)</ref> are subject to the affirmative procedure.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-7"><num>(7)</num><content>The following definitions apply for the purposes of this Chapter.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-8"><num>(8)</num><intro>“<term refersTo="#term-minimal-or-spei-financial-assistance" eId="term-minimal-or-spei-financial-assistance">Minimal or SPEI financial assistance</term>” means a subsidy given—</intro>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-8-a"><num>(a)</num><content>as minimal financial assistance,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-8-b"><num>(b)</num><content>as SPEI assistance,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-8-c"><num>(c)</num><intro>before IP completion day under—</intro><level class="para2" eId="section-42-8-c-i"><num>(i)</num><content><ref eId="c00004" href="http://www.legislation.gov.uk/european/r

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-42-8-c-i"><num>(i)</num><content><ref eId="c00004" href="http://www.legislation.gov.uk/european/regulation/2012/0360">Commission Regulation (EU) No 360/2012</ref> of 25 April 2012 on the application of Arti

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-42-8-c-ii"><num>(ii)</num><content><ref eId="c00005" href="http://www.legislation.gov.uk/european/regulation/2013/1407">Commission Regulation (EU) No 1407/2013</ref> of 18 December 2013 on the application o

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-42-8-c-iii"><num>(iii)</num><content><ref eId="c00006" href="http://www.legislation.gov.uk/european/regulation/2013/1408">Commission Regulation (EU) No 1408/2013</ref> of 18 December 2013 on the application

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-42-8-c-iv"><num>(iv)</num><content><ref eId="c00007" href="http://www.legislation.gov.uk/european/regulation/2014/0717">Commission Regulation (EU) No 717/2014</ref> of 27 June 2014 on the application of Art

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-8-d"><num>(d)</num><content>after IP completion day under any of the Regulations mentioned in paragraph (c) by virtue of the Northern Ireland Protocol, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-8-e"><num>(e)</num><content>after IP completion day and before the coming into force of this section under Article 364(4) or 365(3) of the Trade and Cooperation Agreement.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-9"><num>(9)</num><content>“<term refersTo="#term-financial-year" eId="term-financial-year">Financial year</term>” means a period of 12 months ending with 31 March.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-10"><num>(10)</num><content>“<term refersTo="#term-minimal-financial-assistance" eId="term-minimal-financial-assistance">Minimal financial assistance</term>” has the meaning given by section 36(3).</content><

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-11"><num>(11)</num><content>“<term refersTo="#term-spei-assistance" eId="term-spei-assistance">SPEI assistance</term>” has the meaning given by section 38(3).</content></subsection>

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="part-3-chapter-3"><num>CHAPTER 3</num><heading>Emergencies etc.</heading><section eId="section-43"><num>43</num><heading>Natural disasters and other exceptional circumstances</heading><subsection eId="section-43-1"><num>(1)</num>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43"><num>43</num><heading>Natural disasters and other exceptional circumstances</heading><subsection eId="section-43-1"><num>(1)</num><intro>The subsidy control requirements do not apply to a subsidy given to compensat

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-1"><num>(1)</num><intro>The subsidy control requirements do not apply to a subsidy given to compensate the damage caused by—</intro><level class="para1" eId="section-43-1-a"><num>(a)</num><content>natural

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-1-a"><num>(a)</num><content>natural disasters, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-1-b"><num>(b)</num><content>other exceptional occurrences.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-2"><num>(2)</num><content>The reference in subsection (1)(b) to other exceptional occurrences does not include occurrences having only an economic effect.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-3"><num>(3)</num><intro>A subsidy may be given in respect of a natural disaster, or another exceptional occurrence, in reliance on the exemption under this section only if—</intro><level class="para1" eId="se

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-3-a"><num>(a)</num><content>a notice is published by the Secretary of State for the purposes of this section declaring that the exemption applies in respect of that natural disaster or occurrence, and</p

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-3-b"><num>(b)</num><content>that notice has not been withdrawn by the publication of a further notice.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-4"><num>(4)</num><content>A copy of a notice under this section must be laid before Parliament.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-5"><num>(5)</num><content>In this section, the reference to the subsidy control requirements does not include the requirements as to transparency in Chapter 3 of Part 2.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44"><num>44</num><heading>National or global economic emergencies</heading><subsection eId="section-44-1"><num>(1)</num><content>The prohibitions and restrictions imposed by sections 15 to 29 do not apply to a subsidy

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-1"><num>(1)</num><content>The prohibitions and restrictions imposed by sections 15 to 29 do not apply to a subsidy given to respond to a national or global economic emergency.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-2"><num>(2)</num><content>Subsection (1) applies only if the subsidy is given on a temporary basis.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-3"><num>(3)</num><intro>A subsidy may be given in respect of a national or global economic emergency in reliance on the exemption under this section only if—</intro><level class="para1" eId="section-44-3-a"><

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-3-a"><num>(a)</num><content>a notice is published by the Secretary of State for the purposes of this section declaring that the exemption applies in respect of that emergency, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-3-b"><num>(b)</num><content>that notice has not been withdrawn by the publication of a further notice.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-4"><num>(4)</num><content>A copy of a notice under this section must be laid before Parliament.</content></subsection>

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="part-3-chapter-4"><num>CHAPTER 4</num><heading>Other miscellaneous exemptions</heading><section eId="sec

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45"><num>45</num><heading>National security</heading><content>The subsidy control requirements do not apply to the giving of a subsidy for the purpose of safeguarding national security.</content></section>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46"><num>46</num><heading>Bank of England monetary policy</heading><content>The subsidy control requirements do not apply to the giving of a subsidy by or on behalf of the Bank of England in pursuit of monetary policy.

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47"><num>47</num><heading>Financial stability</heading><subsection eId="section-47-1"><num>(1)</num><content>The subsidy control requirements do not apply to the giving of a subsidy, or the making of a subsidy scheme,

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-1"><num>(1)</num><content>The subsidy control requirements do not apply to the giving of a subsidy, or the making of a subsidy scheme, so far as a financial stability direction so provides.</content></subsect

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-2"><num>(2)</num><intro>“<term refersTo="#term-financial-stability-direction" eId="term-financial-stability-direction">Financial stability direction</term>” means a direction given by the Treasury providing for s

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-2-a"><num>(a)</num><content>the giving of a specified subsidy or making of a specified subsidy scheme, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-2-b"><num>(b)</num><content>the giving of subsidies, or the making of subsidy schemes, of a specified description.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-3"><num>(3)</num><intro>The Treasury may give a financial stability direction only if it considers it appropriate for prudential reasons, for example—</intro><level class="para1" eId="section-47-3-a"><num>(a)

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-3-a"><num>(a)</num><content>the protection of investors, depositors, policy-holders or persons to whom a fiduciary duty is owed by a financial service supplier, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-3-b"><num>(b)</num><content>ensuring the integrity and stability of the financial system of the United Kingdom.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-4"><num>(4)</num><content>The Treasury must consult the Bank of England before giving a financial stability direction.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-5"><num>(5)</num><content>The Treasury may give a financial stability direction that relates only to a subsidy given, or subsidy scheme made, by the Bank of England only if the Bank of England has requested the T

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-6"><num>(6)</num><intro>Subject to subsection <ref href="#section-47-7">(7)</ref>, a financial stability direction must—</intro><level class="para1" eId="section-47-6-a"><num>(a)</num><content>be published

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-6-a"><num>(a)</num><content>be published in whatever manner the Treasury considers appropriate, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-6-b"><num>(b)</num><content>be laid before Parliament.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-7"><num>(7)</num><content>If the Treasury considers that the steps required by subsection (6) would have the effect of undermining the purpose for which the direction is given, the Treasury may delay the carrying

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-8"><num>(8)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-financial-service-supplier" eId="term-financial-service-supplier">financial service supplier</t

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-48"><num>48</num><heading>Legacy and withdrawal agreement subsidies</heading><subsection eId="se

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-48-1"><num>(1)</num><intro>The subsidy control requirements do not apply to the following

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-1-a"><num>(a)</num><content>a subsidy given on or after the day on which this section comes into force, under a subsidy scheme made before that day;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" class="para1" eId="section-48-1-b"><num><ins class="substitution first" ukl:ChangeId="key-95aa571460f21616fb668

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-48-1-b-i"><num><ins class="substitution" ukl:ChangeId="key-95aa571460f21616fb66854b7d276d2e-1706193457767" ukl:CommentaryRef="key-95aa571460f216

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-48-1-b-ii"><num><ins class="substitution" ukl:ChangeId="key-95aa571460f21616fb66854b7d276d2e-1706193457767" ukl:CommentaryRef="key-95aa571460f21

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-48-1-b-iii"><num><ins class="substitution" ukl:ChangeId="key-95aa571460f21616fb66854b7d276d2e-1706193457767" ukl:CommentaryRef="key-95aa571460f2

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-2"><num>(2)</num><intro>In subsection (1), the reference to the subsidy control requirements, so far as it relates to subsection (1)(a), does not include the requirements as to transparency in Chapter 3 of Part 2

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-a"><num>(a)</num><content>subsidies given that are subject to the provisions of Part IV or Annex 2 of the Agreement on Agriculture;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-b"><num>(b)</num><content>subsidies given in relation to trade in fish and fish products;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-c"><num>(c)</num><content>subsidies given in relation to the audiovisual sector.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-3"><num>(3)</num><intro>The subsidy control requirements do not apply to the following withdrawal agreement subsidies and schemes—</intro><level class="para1" eId="section-48-3-a"><num>(a)</num><content>a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-3-a"><num>(a)</num><content>a subsidy given, or a subsidy scheme made, in accordance with Article 10 of the Northern Ireland Protocol;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-3-b"><num>(b)</num><content>a subsidy or subsidy scheme to which Article 138 of the EU withdrawal agreement applies.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-4"><num>(4)</num><content>In Regulation <ref eId="c00009" href="http://www.legislation.gov.uk/european/regulation/2007/1370">(EC) No 1370/2007</ref> of the European Parliament and of the Council on public passeng

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-5"><num>(5)</num><content>In this section “<term refersTo="#term-the-agreement-on-agriculture" eId="term-the-agreement-on-agriculture">the Agreement on Agriculture</term>” means the Agreement on Agriculture, cont

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49"><num>49</num><heading>Tax measures</heading><content>The subsidy control requirements do not apply to the giving of a subsidy where the giving of the subsidy is permissible by virtue of Article 413 of the Trade and

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50"><num>50</num><heading>Large cross-border or international cooperation projects</heading><subsection eId="section-50-1"><num>(1)</num><intro>Section 12(1) does not apply to a subsidy if—</intro><level class="par

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50-1"><num>(1)</num><intro>Section 12(1) does not apply to a subsidy if—</intro><level class="para1" eId="section-50-1-a"><num>(a)</num><content>it is given in the context of a large cross-border or internati

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-50-1-a"><num>(a)</num><content>it is given in the context of a large cross-border or international cooperation project, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-50-1-b"><num>(b)</num><content>the public authority giving the subsidy is satisfied that the project meets the condition in subsection (3).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50-2"><num>(2)</num><intro>Section 12(3) does not apply to a subsidy scheme if—</intro><level class="para1" eId="section-50-2-a"><num>(a)</num><content>the subsidies provided for by the scheme are to be given

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-50-2-a"><num>(a)</num><content>the subsidies provided for by the scheme are to be given in the context of a large cross-border or international cooperation project, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-50-2-b"><num>(b)</num><content>the public authority making the scheme is satisfied that the project meets the condition in subsection (3).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50-3"><num>(3)</num><intro>A project meets the condition in this subsection if—</intro><level class="para1" eId="section-50-3-a"><num>(a)</num><content>the benefits of the project are not limited to the enter

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-50-3-a"><num>(a)</num><content>the benefits of the project are not limited to the enterprise or to the sector or the States participating, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-50-3-b"><num>(b)</num><intro>the project has wider benefits and relevance through spillover effects that do not exclusively accrue to—</intro><level class="para2" eId="section-50-3-b-i"><num>(i)</num><c

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-50-3-b-i"><num>(i)</num><content>the United Kingdom,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-50-3-b-ii"><num>(ii)</num><content>the relevant sector, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-50-3-b-iii"><num>(iii)</num><content>the beneficiary of the subsidy or subsidies concerned.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50-4"><num>(4)</num><intro>The projects that may be regarded as large cross-border or international cooperation projects include—</intro><level class="para1" eId="section-50-4-a"><num>(a)</num><content>those

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-50-4-a"><num>(a)</num><content>those for transport, energy, the environment or research and development, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-50-4-b"><num>(b)</num><content>first development projects to incentivise the emergence and deployment of new technologies (excluding manufacturing technologies).</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51"><num>51</num><heading>Nuclear energy</heading><subsection eId="section-51-1"><num>(1)</num><content>Section 13(1) does not apply to a subsidy in relation to nuclear energy.</content></subsection><subsection eId

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51-1"><num>(1)</num><content>Section 13(1) does not apply to a subsidy in relation to nuclear energy.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51-2"><num>(2)</num><content>Section 13(3) does not apply to a subsidy scheme that provides for subsidies in relation to nuclear energy.</content></subsection>

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="part-4"><num>PART 4</num><heading>CMA: referrals and functions</heading><chapter eId="part-4-chapter-1"><nu

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="part-4-chapter-1"><num>CHAPTER 1</num><heading>Functions on referrals of subsidies and schemes</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-4-chapter-1-crossheading-mandatory-referrals"><heading>Mandatory referrals</heading><section eId="section-52"><num>52<

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52"><num>52</num><heading>Mandatory referral to CMA</heading><subsection eId="section-52-1"><num>(1)</num><intro>A public authority must request a report from the CMA—</intro><level class="para1" eId="section-52-1-

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-1"><num>(1)</num><intro>A public authority must request a report from the CMA—</intro><level class="para1" eId="section-52-1-a"><num>(a)</num><content>before giving a subsidy, or making a subsidy scheme, o

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-1-a"><num>(a)</num><content>before giving a subsidy, or making a subsidy scheme, of particular interest, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-1-b"><num>(b)</num><content>where directed to do so by the Secretary of State under section 55.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-2"><num>(2)</num><intro>The request must—</intro><level class="para1" eId="section-52-2-a"><num>(a)</num><content>include the information in relation to the subsidy or subsidy scheme that would be required

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-2-a"><num>(a)</num><content>include the information in relation to the subsidy or subsidy scheme that would be required under section 34, if the subsidy or scheme were to be given or made,</content><

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-2-b"><num>(b)</num><content>provide such other information as is specified in regulations under subsection (3)(a),</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-2-c"><num>(c)</num><content>explain, in the case of a request under subsection (1)(a), why the public authority considers that the subsidy or subsidy scheme would meet the criteria for being a subsidy, o

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-2-d"><num>(d)</num><content>include an assessment by the public authority as to whether the subsidy or scheme would comply with the requirements of Chapters 1 and 2 of Part 2, and the reasons for that co

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-2-e"><num>(e)</num><content>include any evidence relevant to that assessment.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-3"><num>(3)</num><intro>The Secretary of State may by regulations—</intro><level class="para1" eId="section-52-3-a"><num>(a)</num><content>specify further information that must be included in a request und

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-3-a"><num>(a)</num><content>specify further information that must be included in a request under this section;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-3-b"><num>(b)</num><content>make provision as to the form of a request under this section.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-4"><num>(4)</num><content>Regulations under subsection (3)(a) and (b) are subject to the negative procedure.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53"><num>53</num><heading>CMA reporting period for mandatory referral</heading><subsection eId="section-53-1"><num>(1)</num><intro>The CMA must, before the end of five working days beginning with the day on which a req

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-1"><num>(1)</num><intro>The CMA must, before the end of five working days beginning with the day on which a request is received under section 52(1), give a notice to the public authority—</intro><level class=

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-1-a"><num>(a)</num><content>that the request complies with the requirements under section 52, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-1-b"><num>(b)</num><content>providing reasons as to why the request does not comply with those requirements.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-2"><num>(2)</num><intro>Where the CMA gives a notice under subsection (1)(a), the CMA must—</intro><level class="para1" eId="section-53-2-a"><num>(a)</num><content>before the end of the reporting period, p

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-2-a"><num>(a)</num><content>before the end of the reporting period, publish a report on the proposed subsidy or subsidy scheme, in such manner as the CMA considers appropriate, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-2-b"><num>(b)</num><content>give a copy of the report to the public authority and the Secretary of State as soon as reasonably practicable after it is published.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-3"><num>(3)</num><content>Subject to subsections (4) and (6), “<term refersTo="#term-reporting-period" eId="term-reporting-period">reporting period</term>” means the period of 30 working days beginning with the d

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-4"><num>(4)</num><content>The reporting period may be extended if an extension is agreed in writing between the CMA and the public authority before the end of the reporting period.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-5"><num>(5)</num><content>Where the reporting period is extended under subsection (4), the CMA must publish, in such manner as the CMA considers appropriate, a notice stating that the reporting period has been ex

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-6"><num>(6)</num><content>The Secretary of State may direct that the reporting period is extended, in response to a request from the CMA.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-7"><num>(7)</num><intro>A request under subsection (6)—</intro><level class="para1" eId="section-53-7-a"><num>(a)</num><content>may only be made if the CMA considers that there are exceptional circumstance

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-7-a"><num>(a)</num><content>may only be made if the CMA considers that there are exceptional circumstances to justify an extension,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-7-b"><num>(b)</num><content>must include the reasons for seeking an extension, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-7-c"><num>(c)</num><content>must be published, with those reasons, in such manner as the CMA considers appropriate.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-8"><num>(8)</num><intro>A direction under subsection (6)—</intro><level class="para1" eId="section-53-8-a"><num>(a)</num><content>may only be given if the Secretary of State is satisfied that there are exc

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-8-a"><num>(a)</num><content>may only be given if the Secretary of State is satisfied that there are exceptional circumstances which justify an extension,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-8-b"><num>(b)</num><content>may not be given in relation to a subsidy or subsidy scheme given or made by the Secretary of State, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-8-c"><num>(c)</num><content>may not be given so as to provide for an extension which exceeds 40 working days beginning with the day on which the reporting period would otherwise end.</content></level

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-9"><num>(9)</num><intro>As soon as reasonably practicable after receiving a request under subsection (6), the Secretary of State must—</intro><level class="para1" eId="section-53-9-a"><num>(a)</num><content><

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-9-a"><num>(a)</num><content>send a copy of a direction given under that subsection to the CMA and to the public authority, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-9-b"><num>(b)</num><content>give notice to the CMA and the public authority that the request has been rejected and provide reasons for that decision.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-10"><num>(10)</num><content>Any day falling within the period beginning with the day on which a request is published by the CMA under subsection (7) and ending with the day on which a direction is given under sub

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-11"><num>(11)</num><content>The Secretary of State must publish, in such manner as the Secretary of State considers appropriate, a direction given under subsection (6) or a notice given under subsection (9).<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-12"><num>(12)</num><content>The Secretary of State may by regulations amend the periods of time specified in subsections (1) and (3).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-13"><num>(13)</num><content>Regulations under subsection (12) are subject to the affirmative procedure.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54"><num>54</num><heading>Cooling off period following mandatory referral</heading><subsection eId="section-54-1"><num>(1)</num><content>A public authority may not give a subsidy or make a subsidy scheme, in relation t

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-1"><num>(1)</num><content>A public authority may not give a subsidy or make a subsidy scheme, in relation to which the CMA has provided a report, before the end of the cooling off period.</content></subsectio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-2"><num>(2)</num><content>“<term refersTo="#term-cooling-off-period" eId="term-cooling-off-period">Cooling off period</term>” means the period of five working days beginning with the day after the day on which th

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-3"><num>(3)</num><content>If the CMA does not publish a report before the end of the reporting period, the public authority may give the subsidy or make the subsidy scheme after the day on which the reporting per

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-4"><num>(4)</num><content>The Secretary of State may direct that the cooling off period is extended where the Secretary of State considers that the CMA’s report has identified that there are serious deficiencies

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-5"><num>(5)</num><intro>The Secretary of State—</intro><level class="para1" eId="section-54-5-a"><num>(a)</num><content>must send a copy of a direction given under subsection (4) to the public authority, a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-54-5-a"><num>(a)</num><content>must send a copy of a direction given under subsection (4) to the public authority, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-54-5-b"><num>(b)</num><content>must publish the direction in such manner as the Secretary of State considers appropriate.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-6"><num>(6)</num><content>The power in subsection (4) may not be exercised so as to provide for an extension which exceeds 30 working days beginning with the day on which the cooling off period would otherwise en

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-7"><num>(7)</num><intro>The Secretary of State may by regulations—</intro><level class="para1" eId="section-54-7-a"><num>(a)</num><content>amend the period of time specified in subsection (2);</content

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-54-7-a"><num>(a)</num><content>amend the period of time specified in subsection (2);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-54-7-b"><num>(b)</num><content>amend subsection (4) to reflect any changes made to the content of the CMA’s report by regulations made under section 59.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-8"><num>(8)</num><content>Regulations under subsection (7)(a) or (b) are subject to the affirmative procedure.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55"><num>55</num><heading>Call-in direction</heading><subsection eId="section-55-1"><num>(1)</num><content>The Secretary of State may direct a public authority to request a report from the CMA in relation to a proposed

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-1"><num>(1)</num><content>The Secretary of State may direct a public authority to request a report from the CMA in relation to a proposed subsidy or subsidy scheme.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-2"><num>(2)</num><intro>A direction under this section may be given in relation to—</intro><level class="para1" eId="section-55-2-a"><num>(a)</num><content>a subsidy or subsidy scheme of interest, or</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-55-2-a"><num>(a)</num><content>a subsidy or subsidy scheme of interest, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-55-2-b"><num>(b)</num><intro>any subsidy or subsidy scheme in respect of which the Secretary of State considers—</intro><level class="para2" eId="section-55-2-b-i"><num>(i)</num><content>there is a r

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-55-2-b-i"><num>(i)</num><content>there is a risk of failure to comply with the requirements of Chapters 1 and 2 of Part 2, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-55-2-b-ii"><num>(ii)</num><content>there is a risk of negative effects on competition or investment within the United Kingdom.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-3"><num>(3)</num><intro>The Secretary of State—</intro><level class="para1" eId="section-55-3-a"><num>(a)</num><content>must send a copy of a direction given under this section to the public authority and

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-55-3-a"><num>(a)</num><content>must send a copy of a direction given under this section to the public authority and to the CMA, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-55-3-b"><num>(b)</num><content>must publish the direction in such manner as the Secretary of State considers appropriate.</content></level>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-4-chapter-1-crossheading-voluntary-referrals"><heading>Voluntary referrals</heading><section eId="section-56"><num>56<

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56"><num>56</num><heading>Voluntary referral to CMA</heading><subsection eId="section-56-1"><num>(1)</num><content>A public authority may request a report from the CMA before giving a subsidy, or making a subsidy schem

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-1"><num>(1)</num><content>A public authority may request a report from the CMA before giving a subsidy, or making a subsidy scheme, of interest.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-2"><num>(2)</num><intro>The request must—</intro><level class="para1" eId="section-56-2-a"><num>(a)</num><content>include the information in relation to the subsidy or subsidy scheme that would be required

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-56-2-a"><num>(a)</num><content>include the information in relation to the subsidy or subsidy scheme that would be required under section 34, if the subsidy or scheme were to be given or made,</content><

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-56-2-b"><num>(b)</num><content>provide such other information as is specified in regulations under subsection (3)(a),</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-56-2-c"><num>(c)</num><content>explain why the public authority considers that the subsidy or subsidy scheme would meet the criteria for being a subsidy, or subsidy scheme, of interest,</content></level

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-56-2-d"><num>(d)</num><content>include an assessment by the public authority as to whether the subsidy or scheme would comply with the requirements of Chapters 1 and 2 of Part 2, and the reasons for that co

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-56-2-e"><num>(e)</num><content>include any evidence relevant to that assessment.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-3"><num>(3)</num><intro>The Secretary of State may by regulations—</intro><level class="para1" eId="section-56-3-a"><num>(a)</num><content>specify further information that must be included in a request und

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-56-3-a"><num>(a)</num><content>specify further information that must be included in a request under this section;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-56-3-b"><num>(b)</num><content>make provision as to the form of a request under this section.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-4"><num>(4)</num><content>Regulations under subsection (3)(a) and (b) are subject to the negative procedure.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57"><num>57</num><heading>CMA reporting period for voluntary referral</heading><subsection eId="section-57-1"><num>(1)</num><content>Where the CMA receives from a public authority a request under section 56(1) that com

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-1"><num>(1)</num><content>Where the CMA receives from a public authority a request under section 56(1) that complies with the requirements under section 56(2), the CMA must decide whether to prepare a report in r

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-2"><num>(2)</num><intro>The CMA must, before the end of five working days beginning with the day on which a request is received under section 56(1), give notice to the public authority—</intro><level class="p

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-2-a"><num>(a)</num><content>that a report will be prepared in response to the request, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-2-b"><num>(b)</num><content>providing reasons as to why the CMA has decided not to prepare a report.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-3"><num>(3)</num><intro>Subject to subsection (4), where the CMA gives a notice under subsection (2)(a), the CMA must—</intro><level class="para1" eId="section-57-3-a"><num>(a)</num><content>before the end

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-3-a"><num>(a)</num><content>before the end of the reporting period, publish a report on the proposed subsidy or subsidy scheme, in such manner as the CMA considers appropriate, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-3-b"><num>(b)</num><content>give a copy of the report to the public authority and the Secretary of State as soon as reasonably practicable after it is published.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-4"><num>(4)</num><content>If the proposed subsidy is given, or scheme is made, before the CMA has prepared or published its report, the CMA may decide whether or not to prepare or publish the report.</content

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-5"><num>(5)</num><intro>Subject to subsection (6), “<term refersTo="#term-reporting-period" eId="term-reporting-period">reporting period</term>” means—</intro><level class="para1" eId="section-57-5-a"><num>(a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-5-a"><num>(a)</num><content>the period of 30 working days beginning with the day on which the notice under subsection (2)(a) is given to the public authority, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-5-b"><num>(b)</num><content>such other period as is agreed in writing between the CMA and the public authority.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-6"><num>(6)</num><content>The reporting period may be extended if an extension is agreed in writing between the CMA and the public authority before the end of the reporting period.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-7"><num>(7)</num><content>Where the reporting period is agreed under subsection (5)(b) or extended under subsection (6), the CMA must publish a notice setting out the agreement or extension, and the reasons for i

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-8"><num>(8)</num><content>The Secretary of State may by regulations amend the periods of time specified in subsections (2) and (5)(a).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-9"><num>(9)</num><content>Regulations under subsection (8) are subject to the affirmative procedure.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58"><num>58</num><heading>Call-in direction following voluntary referral</heading><subsection eId="section-58-1"><num>(1)</num><intro>This section applies where—</intro><level class="para1" eId="section-58-1-a"><nu

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-1"><num>(1)</num><intro>This section applies where—</intro><level class="para1" eId="section-58-1-a"><num>(a)</num><content>the CMA has given a notice under section 57(2)(a) that it will prepare a report i

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-1-a"><num>(a)</num><content>the CMA has given a notice under section 57(2)(a) that it will prepare a report in response to a voluntary referral request made in relation to a subsidy or subsidy scheme, an

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-1-b"><num>(b)</num><content>the Secretary of State has given a call-in direction under section 55 in relation to that subsidy or scheme.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-2"><num>(2)</num><intro>The voluntary referral request is treated as if it was a mandatory referral request (and sections 53 and 54 apply accordingly) where—</intro><level class="para1" eId="section-58-2-a"><

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-2-a"><num>(a)</num><content>the report in response to the voluntary referral request has not been published, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-2-b"><num>(b)</num><content>the reporting period for that report has not expired.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-3"><num>(3)</num><intro>The voluntary referral request is treated as if it was a mandatory referral request (and sections 53 and 54 apply accordingly) where—</intro><level class="para1" eId="section-58-3-a"><

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-3-a"><num>(a)</num><content>the report in response to the voluntary referral request has not been published, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-3-b"><num>(b)</num><content>the reporting period for that report has expired,</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-4"><num>(4)</num><content>Where the report in response to the voluntary referral request has been published, but the subsidy has not been given, or the subsidy scheme has not been made, section 54 applies, and th

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-5"><num>(5)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-mandatory-referral-request" eId="term-mandatory-referral-request">mandatory referral request</t

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-subsidy" eId="term-subsidy">subsidy</term>” has the meaning given by section 2(1);</content></hcontainer>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-3-paragraph-6-1"><num>(1)</num><content>Chapter 1 of Part 2 (application of principles) applies to subsidies provided by means of devolved prim

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-9" class="schProv1"><num>9</num><subparagraph eId="schedule-3-paragraph-9-1"><num

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-12" class="schProv1"><num>12</num><content>The power under section 86 to make consequential provision includes power to make provision, in relation to subsidy proceedings before the appropriate court, co

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-4-chapter-1-crossheading-mandatory-and-voluntary-referrals-contents-of-cma-report"><heading>Mandatory and voluntary re

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59"><num>59</num><heading>CMA report following mandatory or voluntary referral</heading><subsection eId="section-59-1"><num>(1)</num><content>The CMA’s report under section 53 or 57 must include an evaluation of the pu

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59-1"><num>(1)</num><content>The CMA’s report under section 53 or 57 must include an evaluation of the public authority’s assessment under section 52(2)(d) or 56(2)(d).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59-2"><num>(2)</num><content>The evaluation must take into account any effects of the proposed subsidy or scheme on competition or investment within the United Kingdom.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59-3"><num>(3)</num><intro>The report may also include—</intro><level class="para1" eId="section-59-3-a"><num>(a)</num><content>advice about how the public authority’s assessment under section 52(2)(d) or 56(

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-59-3-a"><num>(a)</num><content>advice about how the public authority’s assessment under section 52(2)(d) or 56(2)(d) might be improved, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-59-3-b"><num>(b)</num><content>advice about how the proposed subsidy or scheme may be modified to ensure compliance with the requirements of Chapters 1 and 2 of Part 2.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59-4"><num>(4)</num><intro>The Secretary of State may by regulations—</intro><level class="para1" eId="section-59-4-a"><num>(a)</num><content>amend subsection (1), (2) or (3) to make provision about the conte

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-59-4-a"><num>(a)</num><content>amend subsection (1), (2) or (3) to make provision about the content of the CMA’s report;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-59-4-b"><num>(b)</num><content>make provision as to the form of the report.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59-5"><num>(5)</num><content>Regulations under subsection (4)(a) are subject to the affirmative procedure.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59-6"><num>(6)</num><content>Regulations under subsection (4)(b) are subject to the negative procedure.</content></subsection>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-4-chapter-1-crossheading-postaward-referrals"><heading>Post-award referrals</heading><section eId="section-60"><num>60

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60"><num>60</num><heading>Post-award referrals</heading><subsection eId="section-60-1"><num>(1)</num><content>The Secretary of State may refer a subsidy or subsidy scheme to the CMA after the subsidy has been given or

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-1"><num>(1)</num><content>The Secretary of State may refer a subsidy or subsidy scheme to the CMA after the subsidy has been given or the subsidy scheme has been made.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-2"><num>(2)</num><intro>A referral under subsection (1) may be made in relation to any subsidy or subsidy scheme in respect of which the Secretary of State considers—</intro><level class="para1" eId="section-

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-2-a"><num>(a)</num><content>that there has or may have been a failure to comply with the requirements of Chapters 1 and 2 of Part 2, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-2-b"><num>(b)</num><content>that there is a risk of negative effects on competition or investment within the United Kingdom.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-3"><num>(3)</num><intro>The Secretary of State must, at the same time as making a referral under subsection (1), direct the public authority to provide to the CMA—</intro><level class="para1" eId="section-60-

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-3-a"><num>(a)</num><content>any assessment carried out by the public authority, before the subsidy was given or the scheme was made, as to whether the subsidy or scheme would comply with the requirements

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-3-b"><num>(b)</num><content>any evidence relevant to that assessment,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-3-c"><num>(c)</num><content>in a case where such an assessment is not provided, the reasons for that,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-3-d"><num>(d)</num><content>any information that the public authority failed to enter in the subsidy database in accordance with Chapter 3 of Part 2, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-3-e"><num>(e)</num><content>such other information as is specified in regulations under subsection (8)(a).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-4"><num>(4)</num><intro>Where the Secretary of State decides to make a referral under subsection (1), the referral, together with a direction given under subsection (3), must be made before the end of 20 working

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-4-a"><num>(a)</num><content>the day on which the entry in respect of the subsidy or scheme is entered into the subsidy database, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-4-b"><num>(b)</num><content>the day on which the subsidy is given or the scheme is made, in the case of a subsidy or scheme to which section 41 applies.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-5"><num>(5)</num><intro>The Secretary of State—</intro><level class="para1" eId="section-60-5-a"><num>(a)</num><content>must publish a referral made under subsection (1) in such manner as the Secretary of

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-5-a"><num>(a)</num><content>must publish a referral made under subsection (1) in such manner as the Secretary of State considers appropriate, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-5-b"><num>(b)</num><content>must send a copy of a direction given under subsection (3) to the public authority and the CMA.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-6"><num>(6)</num><content>The public authority must provide to the CMA the information required under subsection (3) before the end of the information period.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-7"><num>(7)</num><content>“<term refersTo="#term-information-period" eId="term-information-period">Information period</term>” means the period of 20 working days beginning with the day on which the direction is g

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-8"><num>(8)</num><intro>The Secretary of State may by regulations—</intro><level class="para1" eId="section-60-8-a"><num>(a)</num><content>specify further information that must be provided under subsection

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-8-a"><num>(a)</num><content>specify further information that must be provided under subsection (3);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-8-b"><num>(b)</num><content>prescribe the form in which the information required under subsection (3) is to be provided;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-8-c"><num>(c)</num><content>amend the periods of time specified in subsections (4) and (7).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-9"><num>(9)</num><content>Regulations under subsection (8)(a) or (b) are subject to the negative procedure.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-10"><num>(10)</num><content>Regulations under subsection (8)(c) are subject to the affirmative procedure.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61"><num>61</num><heading>CMA reporting period for post-award referrals</heading><subsection eId="section-61-1"><num>(1)</num><intro>Where the CMA receives from the Secretary of State a referral under section 60, the C

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-1"><num>(1)</num><intro>Where the CMA receives from the Secretary of State a referral under section 60, the CMA must—</intro><level class="para1" eId="section-61-1-a"><num>(a)</num><content>before the end

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-1-a"><num>(a)</num><content>before the end of the reporting period, publish a report on the subsidy or subsidy scheme to which the referral relates, in such manner as the CMA considers appropriate, and</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-1-b"><num>(b)</num><content>give a copy of the report to the public authority and the Secretary of State as soon as reasonably practicable after it is published.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-2"><num>(2)</num><intro>Subject to subsections <ref href="#section-61-3">(3)</ref> and <ref href="#section-61-5">(5)</ref>, “<term refersTo="#term-reporting-period" eId="term-reporting-period">reporting period</t

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-2-a"><num>(a)</num><content>the day on which the information required under section 60(3) is provided to the CMA by the public authority, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-2-b"><num>(b)</num><content>the day after the information period in section 60(7) ends.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-3"><num>(3)</num><content>The reporting period may be extended if an extension is agreed in writing between the CMA and the public authority before the end of the reporting period.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-4"><num>(4)</num><content>Where the reporting period is extended under subsection (3), the CMA must publish, in such manner as the CMA considers appropriate, a notice that the reporting period has been extended a

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-5"><num>(5)</num><content>The Secretary of State may direct that the reporting period is extended, in response to a request from the CMA.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-6"><num>(6)</num><intro>A request under subsection (5)—</intro><level class="para1" eId="section-61-6-a"><num>(a)</num><content>may only be made if the CMA considers that there are exceptional circumstance

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-6-a"><num>(a)</num><content>may only be made if the CMA considers that there are exceptional circumstances to justify an extension,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-6-b"><num>(b)</num><content>must include the reasons for seeking an extension, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-6-c"><num>(c)</num><content>must be published, with those reasons, in such manner as the CMA considers appropriate.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-7"><num>(7)</num><intro>A direction under subsection (5)—</intro><level class="para1" eId="section-61-7-a"><num>(a)</num><content>may only be given if the Secretary of State is satisfied that there are exc

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-7-a"><num>(a)</num><content>may only be given if the Secretary of State is satisfied that there are exceptional circumstances to justify an extension,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-7-b"><num>(b)</num><content>may not be given in relation to a subsidy or subsidy scheme given or made by the Secretary of State, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-7-c"><num>(c)</num><content>may not be given so as to provide for an extension which exceeds 40 working days beginning with the day on which the reporting period would otherwise end.</content></level

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-8"><num>(8)</num><intro>As soon as reasonably practicable after receiving a request under subsection (5) the Secretary of State must—</intro><level class="para1" eId="section-61-8-a"><num>(a)</num><content><p

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-8-a"><num>(a)</num><content>send a copy of a direction given under subsection (5) to the CMA and to the public authority, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-8-b"><num>(b)</num><content>give notice to the CMA and the public authority that the request has been rejected and provide reasons for that decision.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-9"><num>(9)</num><content>Any day falling within the period beginning with the day on which a request is published by the CMA under subsection (6) and ending with the day on which a direction is given under subse

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-10"><num>(10)</num><content>The Secretary of State must publish, in such manner as the Secretary of State considers appropriate, a direction given under subsection (5) or a notice given under subsection (8).<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-11"><num>(11)</num><content>The Secretary of State may by regulations amend the period of time specified in subsection (2).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-12"><num>(12)</num><content>Regulations under subsection (11) are subject to the affirmative procedure.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62"><num>62</num><heading>CMA report following post-award referral</heading><subsection eId="section-62-1"><num>(1)</num><content>The CMA’s report under section 61 must include an evaluation of the public authority’s a

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-1"><num>(1)</num><content>The CMA’s report under section 61 must include an evaluation of the public authority’s assessment under section 60(3)(a).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-2"><num>(2)</num><content>The evaluation must take into account any effects of the proposed subsidy or scheme on competition or investment within the United Kingdom.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-3"><num>(3)</num><content>If an assessment was not provided under section 60(3)(a), that fact should be stated in the report, along with any reasons provided under section 60(3)(c).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-4"><num>(4)</num><content>If the subsidy or subsidy scheme is ongoing, the report may also include advice about how the subsidy or scheme may be modified to ensure compliance with the requirements of Chapters 1 a

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-5"><num>(5)</num><intro>The Secretary of State may by regulations—</intro><level class="para1" eId="section-62-5-a"><num>(a)</num><content>amend subsection (1), (2), (3) or (4) to make provision about the

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-62-5-a"><num>(a)</num><content>amend subsection (1), (2), (3) or (4) to make provision about the content of the CMA’s report under section 61;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-62-5-b"><num>(b)</num><content>make provision as to the form of that report.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-6"><num>(6)</num><content>Regulations under subsection (5)(a) are subject to the affirmative procedure.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-7"><num>(7)</num><content>Regulations under subsection (5)(b) are subject to the negative procedure.</content></subsection>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-4-chapter-1-crossheading-exemptions"><heading>Exemptions</heading><section eId="section-63"><num>63</num><heading>Refe

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-63"><num>63</num><heading>Referrals in relation to subsidy schemes</heading><content>The preceding provisions of this Chapter relating to subsidies do not apply to a subsidy given under a subsidy scheme.</content><

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64"><num>64</num><heading>Other exemptions</heading><subsection eId="section-64-1"><num>(1)</num><intro>This Chapter does not apply in relation to subsidies, or subsidy schemes that provide only for the giving of such

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-1"><num>(1)</num><intro>This Chapter does not apply in relation to subsidies, or subsidy schemes that provide only for the giving of such subsidies, as described in the following sections—</intro><level class

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-1-a"><num>(a)</num><content>section 10 (streamlined subsidy schemes);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-1-b"><num>(b)</num><content>section 36 (minimal financial assistance);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-1-c"><num>(c)</num><content>section 38 (SPEI assistance);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-1-d"><num>(d)</num><content>section 43 (natural disasters and other exceptional circumstances);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-1-e"><num>(e)</num><content>section 44 (national or global economic emergencies);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-1-f"><num>(f)</num><content>section 45 (national security);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-1-g"><num>(g)</num><content>section 46 (Bank of England monetary policy);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-1-h"><num>(h)</num><content>section 48 (legacy and withdrawal agreement subsidies);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-1-i"><num>(i)</num><content>section 49 (tax measures);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-1-j"><num>(j)</num><content>section 50 (large cross-border or international cooperation projects).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-2"><num>(2)</num><intro>This Chapter does not apply in relation to a subsidy, or subsidy scheme—</intro><level class="para1" eId="section-64-2-a"><num>(a)</num><content>to which a financial stability direc

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-2-a"><num>(a)</num><content>to which a financial stability direction given under section 47 (financial stability) applies, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-2-b"><num>(b)</num><content>which is otherwise given or made by the Treasury or the Bank of England (or by both acting jointly) only for the reasons mentioned in subsection (3) of that section (prudentia

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-3"><num>(3)</num><content>The Secretary of State may direct that sections 52, 53, 54 and 55 (mandatory referral requirements) do not apply, or cease to apply, in relation to a specified subsidy or subsidy scheme.

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-4"><num>(4)</num><content>A direction under subsection (3) may only be given where the Secretary of State is satisfied that there are urgent and exceptional circumstances that justify the direction being given in

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-5"><num>(5)</num><content>A direction given under subsection (3) must be laid before Parliament.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-6"><num>(6)</num><intro>The Secretary of State—</intro><level class="para1" eId="section-64-6-a"><num>(a)</num><content>must send a direction given under this section to the public authority giving the sub

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-6-a"><num>(a)</num><content>must send a direction given under this section to the public authority giving the subsidy or making the subsidy scheme, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-6-b"><num>(b)</num><content>must publish the direction in such manner as the Secretary of State considers appropriate.</content></level>

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="part-4-chapter-2"><num>CHAPTER 2</num><heading>General functions</heading><section eId="section-65"><num

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65"><num>65</num><heading>Monitoring and reporting on subsidy control</heading><subsection eId="section-65-1"><num>(1)</num><intro>The CMA must, in relation to each relevant period, undertake a review of—</intro><l

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-1"><num>(1)</num><intro>The CMA must, in relation to each relevant period, undertake a review of—</intro><level class="para1" eId="section-65-1-a"><num>(a)</num><content>the effectiveness of the operation

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-65-1-a"><num>(a)</num><content>the effectiveness of the operation of this Act, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-65-1-b"><num>(b)</num><content>the impact of the operation of this Act on competition and investment within the United Kingdom.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-2"><num>(2)</num><content>The CMA must prepare a report on the outcome of the review in relation to each relevant period.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-3"><num>(3)</num><intro>Subject to subsection (5), “<term refersTo="#term-relevant-period" eId="term-relevant-period">relevant period</term>” means—</intro><level class="para1" eId="section-65-3-a"><num>(a)</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-65-3-a"><num>(a)</num><content>the period beginning with the commencement date and ending with 31 March in the third year after the year in which the commencement date falls,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-65-3-b"><num>(b)</num><content>the following period of three years, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-65-3-c"><num>(c)</num><content>each subsequent period of five years.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-4"><num>(4)</num><content>The Secretary of State may direct the CMA to prepare a report in relation to a specified period.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-5"><num>(5)</num><content>The Secretary of State may exercise the power in subsection (4) only after the CMA has prepared its reports in relation to the first two relevant periods mentioned in subsection (3).

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-6"><num>(6)</num><intro>Where the CMA prepares a report in relation to a specified period, “<term refersTo="#term-relevant-period" eId="term-relevant-period">relevant period</term>” means—</intro><level class

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-65-6-a"><num>(a)</num><content>the period beginning with the day after the last day of the specified period and ending with the 31 March in the fifth year after the year in which the day after the last day

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-65-6-b"><num>(b)</num><content>each subsequent period of five years.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-7"><num>(7)</num><content>The CMA must publish a report under this section as soon as practicable after the end of the period to which it relates and in such manner as the CMA considers appropriate.</content>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-8"><num>(8)</num><content>The CMA must arrange for a copy of a report prepared under this section to be laid before Parliament.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-9"><num>(9)</num><content>In this section, “<term refersTo="#term-commencement-date" eId="term-commencement-date">commencement date</term>” means the day on which this section comes into force.</content></sub

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66"><num>66</num><heading>CMA annual report</heading><intro>The annual report prepared by the CMA under section 25(4) of, and paragraph 14 of Schedule 4 to, the Enterprise and Regulatory Reform Act 2013 must include de

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-a"><num>(a)</num><content>the subsidies, and subsidy schemes, in respect of which the CMA prepared reports following mandatory referrals under section 52,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-b"><num>(b)</num><content>the subsidies, and subsidy schemes, of interest in respect of which the CMA prepared reports following voluntary referrals under section 56, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-c"><num>(c)</num><content>the subsidies and subsidy schemes in respect of which the CMA prepared reports following post-award referrals under section 60.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-67"><num>67</num><heading>Information-gathering powers</heading><subsection eId="section-67-1"><

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-67-1"><num>(1)</num><content>Sections 41 to 43 of the United Kingdom Internal Market Act 2020 (which make provision about information-gathering powers, enforcement and penalties) apply for the purpose of assisting t

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-67-2"><num>(2)</num><intro>In the application of sections 41 to 43 of that Act by virtue o

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-67-2-a"><num>(a)</num><content><mod>section 42 has effect as if, in subsection (4

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-67-2-b"><num>(b)</num><content><mod>section 43 has effect as if, in subsection (10)(b), for “or (e)” there were substituted <quotedText>“, (e) or (f)”</quotedText>.</mod></content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-67-3"><num>(3)</num><content>The Secretary of State may by regulations make such further modifications as the Secretary of State thinks necessary to sections 41 to 43 of the United Kingdom Internal Market Act 2020 i

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-67-4"><num>(4)</num><content>But regulations under subsection (3) may not modify the amounts specified in section 43(6) of that Act.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-67-5"><num>(5)</num><content>Regulations under subsection (3) are subject to the negative procedure.</content></subsection>

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="part-4-chapter-3"><num>CHAPTER 3</num><heading>Subsidy Advice Unit</heading><section eId="section-68"><num>68</num><heading>Subsidy Advice Unit</heading><subsection eId="section-68-1"><num>(1)</num><content>The CMA must establ

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68"><num>68</num><heading>Subsidy Advice Unit</heading><subsection eId="section-68-1"><num>(1)</num><content>The CMA must establish a committee of the CMA Board to be known as the Subsidy Advice Unit.</content></su

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-1"><num>(1)</num><content>The CMA must establish a committee of the CMA Board to be known as the Subsidy Advice Unit.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-2"><num>(2)</num><content>The CMA Board may authorise the Subsidy Advice Unit under paragraph 29(1) of Schedule 4 to ERRA 2013 to carry out its subsidy control functions (which are exercisable by the CMA Board on

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-3"><num>(3)</num><intro>A subsidy control function that the Subsidy Advice Unit is authorised to carry out under subsection (2) may, so far as that Unit authorises (whether generally or specifically), be carried

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-3-a"><num>(a)</num><content>a member or sub-committee of that Unit,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-3-b"><num>(b)</num><content>a member of the CMA Board, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-3-c"><num>(c)</num><content>a member of staff of the CMA.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-4"><num>(4)</num><content>The Subsidy Advice Unit may consist only of persons who are members of the CMA or its staff.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-5"><num>(5)</num><content>References in this section to the CMA Board are to the Board constituted under Part 2 of Schedule 4 to ERRA 2013.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-6"><num>(6)</num><intro>In this Chapter—</intro><hcontainer name="definition"><content>“<term refersTo="#term-erra-2013" eId="term-erra-2013">ERRA 2013</term>” means the Enterprise and Regulatory Reform Ac

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69"><num>69</num><heading>References to subsidy control groups</heading><subsection eId="section-69-1"><num>(1)</num><content>The Subsidy Advice Unit may make a reference to the CMA chair for the constitution of a CMA

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69-1"><num>(1)</num><content>The Subsidy Advice Unit may make a reference to the CMA chair for the constitution of a CMA group under Schedule 4 to ERRA 2013.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69-2"><num>(2)</num><intro>A reference under this section must specify—</intro><level class="para1" eId="section-69-2-a"><num>(a)</num><content>the subsidy control functions in respect of which the reference

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-69-2-a"><num>(a)</num><content>the subsidy control functions in respect of which the reference is made (“the referred functions”), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-69-2-b"><num>(b)</num><content>if the reference is made in respect of a particular subsidy or subsidy scheme, details of that subsidy or subsidy scheme (“the referred case”).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69-3"><num>(3)</num><content>A CMA group constituted for the purposes of a reference under this section must carry out, on behalf of the Subsidy Advice Unit, the referred functions.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69-4"><num>(4)</num><content>Where the reference is made in relation to a referred case, the reference in subsection (3) to the referred functions is a reference to those functions so far as relating to the referred

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69-5"><num>(5)</num><content>Paragraph 33 of Schedule 4 to ERRA 2013 does not apply in relation to a reference under this section.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69-6"><num>(6)</num><content>In this section “<term refersTo="#term-cma-chair" eId="term-cma-chair">CMA chair</term>” means the person appointed under paragraph 1(1)(a) of Schedule 4 to ERRA 2013.</content></sub

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="part-5"><num>PART 5</num><heading>Enforcement</heading><hcontainer name="crossheading" ukl:Name="Pblock" eI

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-5-crossheading-appeals-to-the-competition-appeal-tribunal"

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70"><num>70</num><heading>Review of subsidy decisions</heading><subsection eId="section-70-1"><num>(1)</num><content>An interested party who is aggrieved by the making of a subsidy decision may apply to the Competition

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70-1"><num>(1)</num><content>An interested party who is aggrieved by the making of a subsidy decision may apply to the Competition Appeal Tribunal for a review of the decision.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70-2"><num>(2)</num><content>Where an application for a review of a subsidy decision relates to a subsidy given under a subsidy scheme, the application must be made for a review of the decision to make the subsidy s

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70-3"><num>(3)</num><content>The means of making an application is by sending the Tribunal a notice of appeal in accordance with Tribunal Procedure Rules.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70-4"><num>(4)</num><content>The notice of appeal must be sent within the period specified, in relation to the decision appealed against, in Part 5A of the Tribunal Procedure Rules.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70-5"><num>(5)</num><intro>In determining the application, the Tribunal must apply the same principles as would be applied—</intro><level class="para1" eId="section-70-5-a"><num>(a)</num><content>in the case

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-70-5-a"><num>(a)</num><content>in the case of proceedings in England and Wales or Northern Ireland, by the High Court in determining proceedings on judicial review;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-70-5-b"><num>(b)</num><content>in the case of proceedings in Scotland, by the Court of Session on an application to the supervisory jurisdiction of that Court.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70-6"><num>(6)</num><content>Except so far as the Tribunal directs otherwise, the effect of a subsidy decision is not suspended by reason of the making of an application under this section.</content></subsection

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70-7"><num>(7)</num><intro>In this Part—</intro><hcontainer name="definition"><intro>“<term refersTo="#term-interested-party" eId="term-interested-party">interested party</term>” means—</intro><level clas

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-71"><num>71</num><heading>Time limits for applications under section 70</heading><subsection eId

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-71-1"><num>(1)</num><content>The Competition Appeal Tribunal Rules 2015 (<ref eId="c00010" href="http://www.legislation.gov.uk/id/uksi/2015/1648">S.I. 2015/1648</ref>) are amended as follows.</content></subsecti

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-71-2"><num>(2)</num><intro>In rule 3 (application of Rules)—</intro><level class="para

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-71-2-a"><num>(a)</num><content><mod>in paragraph (b) after “5” insert <quotedText>“, 5A”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-71-2-b"><num>(b)</num><content><mod>after paragraph (e) insert—<quotedStructure s

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-71-3"><num>(3)</num><content><mod>After rule 98 insert—<quotedStructure startQuote="&#x201

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-71-4"><num>(4)</num><content>Nothing in this section affects the power in section 15 of the Enterprise Act 2002 to revoke or amend the Competition Appeal Tribunal Rules 2015, as those Rules are amended by this secti

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72"><num>72</num><heading>CAT powers on review: England and Wales and Northern Ireland</heading><subsection eId="section-72-1"><num>(1)</num><content>This section applies to applications under section 70 in England and

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72-1"><num>(1)</num><content>This section applies to applications under section 70 in England and Wales or Northern Ireland.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72-2"><num>(2)</num><intro>The Tribunal must either dismiss the application or grant the following kinds of relief—</intro><level class="para1" eId="section-72-2-a"><num>(a)</num><content>a mandatory order;</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-2-a"><num>(a)</num><content>a mandatory order;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-2-b"><num>(b)</num><content>a prohibiting order;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-2-c"><num>(c)</num><content>a quashing order;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-2-d"><num>(d)</num><content>a declaration;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-2-e"><num>(e)</num><content>an injunction.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72-3"><num>(3)</num><content>Where the Tribunal grants relief under subsection (2)(c), it may refer the matter back to the person who made the decision with a direction to reconsider and make a new decision in accor

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72-4"><num>(4)</num><content>In making a reference under subsection (3) the Tribunal may not direct the person who made the decision to take any action that the person would not otherwise have the power to take in r

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72-5"><num>(5)</num><intro>Relief under subsection (2) granted by the Tribunal—</intro><level class="para1" eId="section-72-5-a"><num>(a)</num><content>has the same effect as the corresponding relief granted

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-5-a"><num>(a)</num><content>has the same effect as the corresponding relief granted by the High Court on the determination of proceedings for judicial review, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-5-b"><num>(b)</num><content>is enforceable as if it were relief granted by the High Court on an application for judicial review.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72-6"><num>(6)</num><content>In deciding whether to grant relief under subsection (2) the Tribunal must apply the principles that the High Court would apply in deciding whether to grant that relief on an application

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72-7"><num>(7)</num><content>Where the Tribunal grants relief under subsection (2), it may also make a recovery order in accordance with section 74.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72-8"><num>(8)</num><intro>The Tribunal may refuse to grant any relief sought on an application if the Tribunal considers—</intro><level class="para1" eId="section-72-8-a"><num>(a)</num><content>that there ha

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-8-a"><num>(a)</num><content>that there has been undue delay in making the application, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-8-b"><num>(b)</num><content>that granting the relief sought on the application would be likely to cause substantial hardship to, or substantially prejudice the rights of, any person or would be detriment

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72-9"><num>(9)</num><content>In cases arising under the law of England and Wales, subsections (2A) and (2B) of section 31 of the Senior Courts Act 1981 apply to the Tribunal in deciding whether to grant relief under

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72-10"><num>(10)</num><content>If the Tribunal grants relief in reliance on section 31(2B) of the Senior Courts Act 1981 as applied by subsection (9), the Tribunal must certify that the condition in section 31(2B) a

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72-11"><num>(11)</num><intro>For the purposes of the application of subsection (5)(a) in relation to appeals in Northern Ireland—</intro><level class="para1" eId="section-72-11-a"><num>(a)</num><content>a man

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-11-a"><num>(a)</num><content>a mandatory order corresponds to an order of mandamus,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-11-b"><num>(b)</num><content>a prohibiting order corresponds to an order of prohibition, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-11-c"><num>(c)</num><content>a quashing order corresponds to an order of certiorari.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73"><num>73</num><heading>CAT powers on review: Scotland</heading><subsection eId="section-73-1"><num>(1)</num><content>This section applies to applications under section 70 in Scotland.</content></subsection><subs

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-1"><num>(1)</num><content>This section applies to applications under section 70 in Scotland.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-2"><num>(2)</num><content>The powers of the Tribunal in respect of such applications are the same as the powers of review of the Court of Session in an application to the supervisory jurisdiction of that Court.</

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-3"><num>(3)</num><content>In the exercise of its powers by virtue of subsection (2), the Tribunal may also make a recovery order in accordance with section 74.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-4"><num>(4)</num><content>In deciding how to exercise its powers, the Tribunal must apply principles that the Court of Session would apply in deciding an application to the supervisory jurisdiction of that Court.

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-5"><num>(5)</num><intro>An order of the Tribunal by virtue of subsection (2)—</intro><level class="para1" eId="section-73-5-a"><num>(a)</num><content>has the same effect as the corresponding order granted

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-73-5-a"><num>(a)</num><content>has the same effect as the corresponding order granted by the Court of Session on an application to the supervisory jurisdiction of that Court, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-73-5-b"><num>(b)</num><content>is enforceable as if it were an order so granted by that Court.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-74"><num>74</num><heading>Recovery orders</heading><subsection eId="section-74-1"><num>(1)</num><intro>The Tribunal may make a recovery order if—</intro><level class="para1" eId="section-74-1-a"><num>(a)</num><cont

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-74-1"><num>(1)</num><intro>The Tribunal may make a recovery order if—</intro><level class="para1" eId="section-74-1-a"><num>(a)</num><content>in exercise of its powers under section 72 or 73, it grants relief

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-1-a"><num>(a)</num><content>in exercise of its powers under section 72 or 73, it grants relief in respect of a decision of a public authority to give a subsidy or make a subsidy scheme, and</content>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-1-b"><num>(b)</num><content>in granting that relief the Tribunal finds that the decision did not comply with a requirement of Chapter 1 or 2 of Part 2.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-74-2"><num>(2)</num><intro>A recovery order is an order that—</intro><level class="para1" eId="section-74-2-a"><num>(a)</num><content>confers a right on a public authority that has given a subsidy to recover

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-2-a"><num>(a)</num><content>confers a right on a public authority that has given a subsidy to recover the amount of that subsidy from the beneficiary, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-2-b"><num>(b)</num><content>requires the public authority to exercise that right in accordance with the order.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-74-3"><num>(3)</num><intro>A recovery order may—</intro><level class="para1" eId="section-74-3-a"><num>(a)</num><content>provide for how the right to recover a subsidy under the order is to be exercised;<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-3-a"><num>(a)</num><content>provide for how the right to recover a subsidy under the order is to be exercised;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-3-b"><num>(b)</num><content>require that the right is exercised by such time as the order may specify;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-3-c"><num>(c)</num><content>relate to the whole of a subsidy or to such part as the order may provide;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-3-d"><num>(d)</num><content>where made in relation to subsidies given under a subsidy scheme, relate to all such subsidies or only to those subsidies specified in the order;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-3-e"><num>(e)</num><content>require the payment of interest in accordance with the order.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-74-4"><num>(4)</num><content>A recovery order is enforceable as though it were an order made by the High Court or, in relation to Scotland, the Court of Session.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-75"><num>75</num><heading>Appeals against decisions of the CAT</heading><subsection eId="section-75-1"><num>(1)</num><content>An appeal lies to the appellate court on any point of law arising from a decision of the Tri

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-75-1"><num>(1)</num><content>An appeal lies to the appellate court on any point of law arising from a decision of the Tribunal under the preceding provisions of this Part.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-75-2"><num>(2)</num><intro>An appeal under this section may be brought by—</intro><level class="para1" eId="section-75-2-a"><num>(a)</num><content>a party to the proceedings before the Tribunal, or</conte

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-75-2-a"><num>(a)</num><content>a party to the proceedings before the Tribunal, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-75-2-b"><num>(b)</num><content>any other person who has a sufficient interest in the matter.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-75-3"><num>(3)</num><content>An appeal under this section requires the permission of the Tribunal or the appellate court.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-75-4"><num>(4)</num><intro>In this section “<term refersTo="#term-the-appellate-court" eId="term-the-appellate-court">the appellate court</term>” means—</intro><level class="para1" eId="section-75-4-a"><num>(a)<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-75-4-a"><num>(a)</num><content>in relation to England and Wales and Northern Ireland, the Court of Appeal, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-75-4-b"><num>(b)</num><content>in relation to Scotland, the Court of Session.</content></level>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-5-crossheading-preaction-information"><heading>Pre-action information</heading><section eId="section-76"><num>76</num>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76"><num>76</num><heading>Duty to provide pre-action information</heading><subsection eId="section-76-1"><num>(1)</num><content>An interested party may make a request to a public authority for information about a subsi

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-1"><num>(1)</num><content>An interested party may make a request to a public authority for information about a subsidy, or subsidy scheme, that the authority has given or made.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-2"><num>(2)</num><intro>A request under subsection (1)—</intro><level class="para1" eId="section-76-2-a"><num>(a)</num><content>must be made in writing, and</content></level><level class="para1" eId="s

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-2-a"><num>(a)</num><content>must be made in writing, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-2-b"><num>(b)</num><content>must state that it is being made only for the purpose of deciding whether to apply for a review of a subsidy decision under section 70, on the ground that the decision did not

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-3"><num>(3)</num><content>Where a public authority receives a request under subsection (1), the authority must provide such information as would enable, or assist in, the making of a determination as to whether t

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-4"><num>(4)</num><intro>The information must be provided by the public authority—</intro><level class="para1" eId="section-76-4-a"><num>(a)</num><content>in writing, and</content></level><level class="

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-4-a"><num>(a)</num><content>in writing, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-4-b"><num>(b)</num><content>within 28 days of receiving the request for information.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-5"><num>(5)</num><intro>In providing information, a public authority may impose such restrictions as it considers proportionate in order to protect—</intro><level class="para1" eId="section-76-5-a"><num>(a)</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-5-a"><num>(a)</num><content>commercially sensitive information,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-5-b"><num>(b)</num><content>confidential information,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-5-c"><num>(c)</num><content>information subject to legal privilege, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-5-d"><num>(d)</num><content>information, the disclosure of which would be contrary to the public interest.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-6"><num>(6)</num><intro>Information provided in response to a request made under this section may be used only—</intro><level class="para1" eId="section-76-6-a"><num>(a)</num><content>for the purpose for w

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-6-a"><num>(a)</num><content>for the purpose for which it was requested, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-6-b"><num>(b)</num><content>in accordance with any restrictions imposed by the public authority under subsection (5).</content></level>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-5-crossheading-misuse"><heading>Misuse</heading><section eId="section-77"><num>77</num><heading>Misuse of subsidies</h

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-77"><num>77</num><heading>Misuse of subsidies</heading><subsection eId="section-77-1"><num>(1)</num><content>A public authority which has given a subsidy has the right to recover from the beneficiary the whole or part

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-77-1"><num>(1)</num><content>A public authority which has given a subsidy has the right to recover from the beneficiary the whole or part of its amount to the extent that the subsidy is used for a purpose other than

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-77-2"><num>(2)</num><content>The right conferred by subsection (1) is enforceable as if created by contract between the public authority and the beneficiary.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-77-3"><num>(3)</num><content>Nothing in this section affects any other remedy that the public authority may have in connection with the giving of the subsidy.</content></subsection>

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="part-6"><num>PART 6</num><heading>Miscellaneous and general</heading><chapter eId="part-6-chapter-1"><num>C

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="part-6-chapter-1"><num>CHAPTER 1</num><heading>Miscellaneous</heading><section eId="section-78"><num>78<

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-78"><num>78</num><heading>Subsidies and schemes in primary legislation</heading><subsection eId="section-78-1"><num>(1)</num><content>Schedule 3 applies provisions of this Act in the case of financial assistance provid

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-78-1"><num>(1)</num><content>Schedule 3 applies provisions of this Act in the case of financial assistance provided, or schemes for the provision of financial assistance made, by means of primary legislation.</c

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-78-2"><num>(2)</num><content>Nothing in this Act applies to the giving of any such assistance, or to the making of any such schemes, except so far as provided for by that Schedule.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79"><num>79</num><heading>Guidance</heading><subsection eId="section-79-1"><num>(1)</num><intro>The Secretary of State may issue guidance about the practical application of—</intro><level class="para1" eId="section

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-1"><num>(1)</num><intro>The Secretary of State may issue guidance about the practical application of—</intro><level class="para1" eId="section-79-1-a"><num>(a)</num><content>the subsidy control principles;

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-a"><num>(a)</num><content>the subsidy control principles;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-b"><num>(b)</num><content>the energy and environment principles;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-c"><num>(c)</num><content>the subsidy control requirements in Chapters 2 and 3 of Part 2;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-d"><num>(d)</num><content>the exemptions under Part 3 in respect of the subsidy control requirements;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-e"><num>(e)</num><content>Chapter 1 of Part 4 (including the criteria to be used in determining whether a subsidy or subsidy scheme falls within the meaning of a subsidy, or subsidy scheme, of interest

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-f"><num>(f)</num><content>section 76 (duty to provide pre-action information);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-g"><num>(g)</num><content>section 77 (misuse of subsidies);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-h"><num>(h)</num><content>section 81 (modifications to subsidies and schemes).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-2"><num>(2)</num><intro>Guidance under subsection <ref href="#section-79-1-a">(1)(a)</ref> to <ref href="#section-79-1-c">(c)</ref> may, in particular, deal with (or with any matter connected with)—</intro><l

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-2-a"><num>(a)</num><content>the determination of whether financial assistance constitutes a subsidy for the purposes of this Act;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-2-b"><num>(b)</num><content>the meaning or effect of the subsidy control principles;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-2-c"><num>(c)</num><content>the meaning or effect of the energy and environment principles;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-2-d"><num>(d)</num><intro>the operation of the duty under section 12 or 13 as it applies to—</intro><level class="para2" eId="section-79-2-d-i"><num>(i)</num><content>public authorities generally,

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-79-2-d-i"><num>(i)</num><content>public authorities generally, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-79-2-d-ii"><num>(ii)</num><content>public authorities of a particular description,</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-3"><num>(3)</num><content>The powers conferred by this section include power to give guidance about the practical application of principles, requirements and exemptions in different descriptions of case (includin

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-4"><num>(4)</num><intro>The Secretary of State—</intro><level class="para1" eId="section-79-4-a"><num>(a)</num><content>must publish guidance issued under this section,</content></level><level class="p

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-4-a"><num>(a)</num><content>must publish guidance issued under this section,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-4-b"><num>(b)</num><content>must keep the guidance under review, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-4-c"><num>(c)</num><content>may from time to time revise or replace the guidance.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-5"><num>(5)</num><content>Before issuing guidance under this section, the Secretary of State must consult such persons as the Secretary of State considers appropriate.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-6"><num>(6)</num><content>A public authority must have regard to guidance issued under this section (so far as applicable to the authority and the circumstances of the case) when giving a subsidy or making a subs

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-7"><num>(7)</num><content>The requirement in subsection <ref href="#section-79-5">(5)</ref> may be met by consultation carried out before this section comes into force.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-80"><num>80</num><heading>Disclosure of information</heading><subsection eId="section-80-1"><num

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-1"><num>(1)</num><content>This section applies to a duty or power to disclose or use information where the duty or power is imposed or conferred by or under any provision of this Act.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-2"><num>(2)</num><content>A duty or power to which this section applies does not operate to require or authorise the disclosure or use of information if the disclosure or use would contravene the data protection

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-80-3"><num>(3)</num><content><mod>In Schedule 14 to the Enterprise Act 2002 (disclosure of

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-4"><num>(4)</num><content>For the purposes of the law relating to defamation, absolute privilege attaches to any advice given, or report made, by the CMA (or a person acting on the CMA’s behalf) in the exercise o

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-5"><num>(5)</num><content>In this section “<term refersTo="#term-data-protection-legislation" eId="term-data-protection-legislation">data protection legislation</term>” has the same meaning as in the Data Protect

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-81"><num>81</num><heading>Modifications to subsidies and schemes</heading><subsection eId="section-81-1"><num>(1)</num><content>The modification of a subsidy or a subsidy scheme is to be treated for the purposes of thi

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-81-1"><num>(1)</num><content>The modification of a subsidy or a subsidy scheme is to be treated for the purposes of this Act as the giving of a new subsidy, or the making of a new subsidy scheme, for the purposes of

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-81-2"><num>(2)</num><intro>Subsection (1) does not apply—</intro><level class="para1" eId="section-81-2-a"><num>(a)</num><content>for the purposes of section 33(1) and (3) (see instead section 33(5)), or<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-81-2-a"><num>(a)</num><content>for the purposes of section 33(1) and (3) (see instead section 33(5)), or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-81-2-b"><num>(b)</num><content>if the modification is only a permitted modification (but section 33(5) applies to a permitted modification as it applies to other modifications).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-81-3"><num>(3)</num><intro>A modification to a subsidy or subsidy scheme is a “permitted modification” if it is a modification of any of the following kinds—</intro><level class="para1" eId="section-81-3-a"><num

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-81-3-a"><num>(a)</num><content>a legacy subsidy modification;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-81-3-b"><num>(b)</num><content>a withdrawal agreement subsidy modification;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-81-3-c"><num>(c)</num><intro>a modification (whether made under section 8 of the European Union (Withdrawal) Act 2018 or otherwise) to prevent, remedy or mitigate—</intro><level class="para2" eId="secti

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-81-3-c-i"><num>(i)</num><content>any failure of the subsidy or scheme to operate effectively, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-81-3-c-ii"><num>(ii)</num><content>any other deficiency relating to the subsidy or scheme,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-81-3-d"><num>(d)</num><content>the amendment made by section 48(4);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-81-3-e"><num>(e)</num><content>an administrative modification;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-81-3-f"><num>(f)</num><content>an increase of up to 25% of the original budget for the subsidy or subsidy scheme;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-81-3-g"><num>(g)</num><content>an extension of a subsidy scheme by up to six years (in total) beginning with the date on which the subsidy scheme would otherwise have terminated.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-81-4"><num>(4)</num><content>In subsection <ref href="#section-81-3-a">(3)(a)</ref>, “<term refersTo="#term-legacy-subsidy-modification" eId="term-legacy-subsidy-modification">legacy subsidy modification</term>” mea

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-81-5"><num>(5)</num><content>In subsection <ref href="#section-81-3-b">(3)(b)</ref>, “<term refersTo="#term-withdrawal-agreement-subsidy-modification" eId="term-withdrawal-agreement-subsidy-modification">withdrawal

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-81-6"><num>(6)</num><content>Where the terms of the subsidy or subsidy scheme provide for changes to the original budget, the 25% referred to in subsection <ref href="#section-81-3-f">(3)(f)</ref> is to be calculate

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-81-7"><num>(7)</num><intro>In this section—</intro><hcontainer name="definition"><content>“legacy subsidy” and “legacy scheme” mean the subsidies and schemes listed in section 48(1);</content></hcontainer

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-82"><num>82</num><heading>Gross cash and gross cash equivalent amount of financial assistance</heading><subsection eId="section-82-1"><num>(1)</num><intro>The Secretary of State may by regulations make provision about

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-82-1"><num>(1)</num><intro>The Secretary of State may by regulations make provision about how the gross cash amount, and the gross cash equivalent amount, is to be determined for the purposes of—</intro><level c

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-82-1-a"><num>(a)</num><content>section 33(8);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-82-1-b"><num>(b)</num><content>section 36(5);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-82-1-c"><num>(c)</num><content>section 38(5);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-82-1-d"><num>(d)</num><content>section 41(2);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-82-1-e"><num>(e)</num><content>provision in regulations or schemes made under this Act.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-82-2"><num>(2)</num><content>Regulations under this section are subject to the negative procedure.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-83"><num>83</num><heading>Minor amendment to the Financial Services Act 2021</heading><content><

<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="part-6-chapter-2"><num>CHAPTER 2</num><heading>General</heading><section eId="section-84"><num>84</num><

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-84"><num>84</num><heading>Financial provision</heading><intro>There is to be paid out of money provided by Parliament—</intro><level class="para1" eId="section-84-a"><num>(a)</num><content>any expenditure incurr

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-84-a"><num>(a)</num><content>any expenditure incurred by the Secretary of State in connection with the establishment and maintenance of the subsidy database, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-84-b"><num>(b)</num><content>any increase attributable to this Act in sums payable under any other Act out of money so provided as a result of the carrying out of functions by the CMA under or by virtue of

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85"><num>85</num><heading>Crown application</heading><subsection eId="section-85-1"><num>(1)</num><content>This Act, and any provisions made under it, bind the Crown.</content></subsection><subsection eId="section-

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85-1"><num>(1)</num><content>This Act, and any provisions made under it, bind the Crown.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85-2"><num>(2)</num><intro>The reference to the Crown in subsection (1) does not include—</intro><level class="para1" eId="section-85-2-a"><num>(a)</num><content>Her Majesty in Her private capacity,</cont

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-85-2-a"><num>(a)</num><content>Her Majesty in Her private capacity,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-85-2-b"><num>(b)</num><content>Her Majesty in right of the Duchy of Lancaster, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-85-2-c"><num>(c)</num><content>the Duke of Cornwall.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-86"><num>86</num><heading>Power to make consequential provision</heading><subsection eId="sectio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-86-1"><num>(1)</num><content>The Secretary of State may by regulations make provision that is consequential on this Act.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-86-2"><num>(2)</num><content>Regulations under this section may amend, repeal, revoke or o

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-86-3"><num>(3)</num><content>Regulations under this section are subject to the affirmative

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-86-4"><num>(4)</num><content>Regulations under this section to which subsection (3) does not apply are subject to the negative procedure.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87"><num>87</num><heading>Regulations</heading><subsection eId="section-87-1"><num>(1)</num><content>Any power to make regulations under this Act is exercisable by statutory instrument.</content></subsection><subse

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-1"><num>(1)</num><content>Any power to make regulations under this Act is exercisable by statutory instrument.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-2"><num>(2)</num><intro>Any power to make regulations under this Act includes power—</intro><level class="para1" eId="section-87-2-a"><num>(a)</num><content>to make different provision for different purpos

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-87-2-a"><num>(a)</num><content>to make different provision for different purposes;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-87-2-b"><num>(b)</num><content>to make supplementary, incidental, consequential, transitional, transitory or saving provision.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-3"><num>(3)</num><content>Where regulations under this Act are subject to “the affirmative procedure”, the regulations may not be made unless a draft of the statutory instrument containing them has been laid befo

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-4"><num>(4)</num><content>Where regulations under this Act are subject to “the negative procedure”, the statutory instrument containing them is subject to annulment in pursuance of a resolution of either House of

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-5"><num>(5)</num><content>Any provision that may be made by regulations under this Act subject to the negative procedure may be made in regulations subject to the affirmative procedure.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-6"><num>(6)</num><content>Any power to make regulations under Part 4 to amend a provision of this Act may not be exercised after the period of one year beginning with the day on which the CMA publishes its second

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-7"><num>(7)</num><content>A power to make regulations under this Act is not to be taken as limiting the power to make regulations under section 31 of the European Union (Future Relationship) Act 2020 (general imp

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-8"><num>(8)</num><content>This section does not apply to regulations under section 91.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-88"><num>88</num><heading>Directions</heading><subsection eId="section-88-1"><num>(1)</num><content>A direction under this Act must be given in writing.</content></subsection><subsection eId="section-88-2"><num>(2)

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-88-1"><num>(1)</num><content>A direction under this Act must be given in writing.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-88-2"><num>(2)</num><content>A direction under this Act may be varied or revoked by a further direction.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-89"><num>89</num><heading>Interpretation</heading><subsection eId="section-89-1"><num>(1)</num><

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-person" eId="term-person">person</term>” includes a body corporate, a partnership and an unincorporated association;</content></hcontainer>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(b)</num><content>paragraph 15 of Schedule 3 to that Act (EEA passport rights), as it has effect as a result of section 409 of that Act (Gibraltar);</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-89-2"><num>(2)</num><content>Section 30 of the European Union (Future Relationship) Act 2020 (interpretation of agreements: public international law) applies where a court or tribunal has regard to the Trade and Coo

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-90"><num>90</num><heading>Extent</heading><subsection eId="section-90-1"><num>(1)</num><content>Subject to subsection (2), this Act extends to England and Wales, Scotland and Northern Ireland.</content></subsection

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-90-1"><num>(1)</num><content>Subject to subsection (2), this Act extends to England and Wales, Scotland and Northern Ireland.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-90-2"><num>(2)</num><content>Section 48(4) extends to England and Wales and Scotland only.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-91"><num>91</num><heading>Commencement</heading><subsection eId="section-91-1"><num>(1)</num><intro>The following come into force on the day on which this Act is passed—</intro><level class="para1" eId="section-91-

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-91-1"><num>(1)</num><intro>The following come into force on the day on which this Act is passed—</intro><level class="para1" eId="section-91-1-a"><num>(a)</num><content>Part 1;</content></level><level cla

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-91-1-b"><num>(b)</num><content>any power to make regulations under Part 2, 3 or 4 or Chapter 1 of this Part;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-91-1-c"><num>(c)</num><content>this Chapter.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-91-2"><num>(2)</num><content>The rest of this Act comes into force on such day as the Secretary of State may by regulations appoint.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-91-3"><num>(3)</num><content>Different days may be appointed for different purposes.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-91-4"><num>(4)</num><content>The Secretary of State may by regulations make transitional or saving provision in connection with the coming into force of any provision of this Act.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-91-5"><num>(5)</num><content>The power to make regulations under subsection (4) includes power to make different provision for different purposes.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-91-6"><num>(6)</num><content>Regulations under this section are to be made by statutory instrument.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-92"><num>92</num><heading>Short title</heading><content>This Act may be cited as the Subsidy Control Act 2022.</content></section>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="schedules"><heading>SCHEDULES</heading><hcontainer name="schedule" eId="schedule-1"><num>SCHEDULE 1<

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="schedule" eId="schedule-1"><num>SCHEDULE 1<authorialNote class="referenceNote">Section 9</authorialNote></num><heading>The subsidy control principles</heading><hcontainer name="crossheading" class="schGroup7" eId="d25e

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e7876"><heading>Common interest</heading><paragraph eId="schedule-1-paragraph-A" class="schProv1"><num>A</num><intro>Subsidies should pursue a specific policy objective in order to—<

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e7898"><heading>Proportionate and necessary</heading><paragraph eId="schedule-1-paragraph-B" class="schProv1"><num>B</num><content>Subsidies should be proportionate to their specific

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e7908"><heading>Design to change economic behaviour of beneficiary</heading><paragraph eId="schedule-1-paragraph-C" class="schProv1"><num>C</num><subparagraph eId="schedule-1-paragraph-

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e7940"><heading>Costs that would be funded anyway</heading><paragraph eId="schedule-1-paragraph-D" class="schProv1"><num>D</num><content>Subsidies should not normally compensate for

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e7950"><heading>Least distortive means of achieving policy objective</heading><paragraph eId="schedule-1-paragraph-E" class="schProv1"><num>E</num><content>Subsidies should be an app

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e7960"><heading>Competition and investment within the United Kingdom</heading><paragraph eId="schedule-1-paragraph-F" class="schProv1"><num>F</num><content>Subsidies should be design

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e7970"><heading>Beneficial effects to outweigh negative effects</heading><paragraph eId="schedule-1-paragraph-G" class="schProv1"><num>G</num><intro>Subsidies’ beneficial effects (in

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="schedule" eId="schedule-2"><num>SCHEDULE 2<authorialNote class="referenceNote">Section 9</authorialNote></num><heading>The energy and environment principles</heading><hcontainer name="crossheading" class="schGroup7" eI

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e8001"><heading>Aim of subsidies in relation to energy and environment</heading><paragraph eId="schedule-2-paragraph-A" class="schProv1"><num>A</num><intro>Subsidies in relation to e

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e8023"><heading>Subsidies not to relieve beneficiary from liabilities as a polluter</heading><paragraph eId="schedule-2-paragraph-B" class="schProv1"><num>B</num><content>Subsidies i

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e8033"><heading>Subsidies for electricity generation adequacy, renewable energy or cogeneration</heading><paragraph eId="schedule-2-paragraph-C" class="schProv1"><num>C</num><subparagra

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e8136"><heading>Subsidies in the form of partial exemptions from energy-related taxes and levies</heading><paragraph eId="schedule-2-paragraph-F" class="schProv1"><num>F</num><subparagr

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e8159"><heading>Subsidies in the form of compensation for increases in electricity costs</heading><paragraph eId="schedule-2-paragraph-G" class="schProv1"><num>G</num><content>Subsid

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e8169"><heading>Subsidies for the decarbonisation of emissions linked to industrial activities</heading><paragraph eId="schedule-2-paragraph-H" class="schProv1"><num>H</num><intro>Su

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e8191"><heading>Subsidies for improvements of the energy efficiency of industrial activities</heading><paragraph eId="schedule-2-paragraph-I" class="schProv1"><num>I</num><content>Su

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="schedule" eId="schedule-3"><num>SCHEDULE 3<authorialNote class="referenceNote">Section 78</au

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7" eId="d25e8210"><heading>Introductory</heading><paragraph eId="schedule-3-paragraph-1" class="schProv1"><num>1</num><content>T

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e8475"><heading>Application of principles</heading><paragraph eId="schedule-3-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-3-paragraph-6-1"><num>(1)</num><conte

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7" eId="d25e8508"><heading>Prohibitions etc and exemptions</heading><pa

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e8589"><heading>Transparency</heading><paragraph eId="schedule-3-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-3-paragraph-8-1"><num>(1)</num><content>Chapter

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7" eId="d25e8622"><heading>CMA referrals</heading><paragraph eId="sched

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7" eId="d25e8742"><heading>Recovery orders</heading><paragraph eId="sch

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e8811"><heading>Pre-action information</heading><paragraph eId="schedule-3-paragraph-11" class="schProv1"><num>11</num><subparagraph eId="schedule-3-paragraph-11-1"><num>(1)</num><conte

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7" eId="d25e8868"><heading>Time limits</heading><paragraph eId="schedule-3-paragraph-12" class="schProv1"><num>12</num><content>The power under section 86 to make consequential provision includ

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="schedules" eId="schedules"><heading>SCHEDULES</heading><hcontainer name="schedule" eId="schedule-1">