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What is subsidy control act?

The Act requires public authorities to consider, in addition to the existing TCA principles, the need for subsidies to be ?designed to achieve their specific policy objective while minimising any negative effects on competition or investment within the United Kingdom".

What is the four limb test subsidy control?

The Act defines a ?subsidy? by reference to a cumulative four-limb test, requiring (i) public resources given by a public authority; (ii) that confers an economic advantage; (iii) in a specific way; and (iv) that has or is capable of having an effect on competition or investment within the UK or trade or investment ...

What is Section 12 of the subsidy Control Act?

12Application of the subsidy control principles (2)In subsection (1) ?subsidy? does not include a subsidy given under a subsidy scheme. (b)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.

What is the CMO principal subsidy control?

The CMO principle is one that public authorities often seek to rely on when considering whether subsidies exist, and whether any subsidies are limited to the minimum level necessary.

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