Web26 May 2024 · The Act aims to create a less onerous regime for controlling subsidies while still preventing negative impacts on competition and investment. Public authorities must self-assess whether their subsidies or subsidy schemes meet the subsidy control principles. Subsidies or schemes of particular interest must be referred to the CMA for review. Web4 Jan 2024 · The Subsidy Control (Subsidies and Schemes of Interest or Particular Interest) Regulations 2024 1Citation, commencement and extent 2Interpretation 3Subsidy, or subsidy scheme, of...
Weekly Global Economic Round-up – 5 December 2024
Web9 Sep 2024 · Subsidies that are explicitly conditional on relocation but meet the conditions set out for an exemption from the general prohibition of such subsidies will be treated as Subsidies of Interest below a value of £1m, and Subsidies of Particular Interest above that … Web3. — (1) A subsidy ( 1) is a subsidy of particular interest if paragraph (2), (3), (4) or (5) applies to the subsidy. (b) the total amount of the subsidy and any other related subsidy … cadnant gardens opening times
Subsidy control: the new regime Law Society of Scotland
Web10 hours ago · Since February 2024, we have witnessed the war in Ukraine further adversely impact the global economy. There was a discussion on the issue. We reiterated our national positions as expressed in other fora, including the UN Security Council and the UN General Assembly, which, in Resolution No. ES-11/1 dated 2 March 2024, as adopted by majority … WebThe new subsidy control regime will achieve its objectives through six building blocks: Prohibitions and conditions . Seven main principles; limited additional principles for energy and environmental subsidies. Proportionate assessments of compliance . Streamlined Routes. Baseline. Subsidies of Interest. Subsidies of Particular Interest. A ... Web1 Nov 2024 · On 17 October 2024 the Department of Business, Energy and Industrial Strategy (BEIS) shared an update on the four Statutory Instruments accompanying the Subsidy Control Act 2024 yet to be laid before Parliament, including ‘The Subsidy Control (Subsidies and Schemes of Interest or Particular Interest) Regulations 2024’. cad neck pain