SCHEDULE 1 The Subsidy Control Principles
Subsidy Control Act 2022 (2022 c 23) | Legislation

SCHEDULE 1 The Subsidy Control Principles

Section 9

Common interest

A

Subsidies should pursue a specific policy objective in order to—

(a)     remedy an identified market failure, or

(b)     address an equity rationale (such as local or regional disadvantage, social difficulties or distributional concerns).

Proportionate and necessary

B

Subsidies should

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