Subsidy Control Act 2022
What this means for your business
- Applies to
- United Kingdom
- On this page
- 2 compliance obligations, 3 practical guides across 2 topics
What you must do
2 compliance obligations under this legislation.
Record keeping 2
Confirm assistance amount and keep records of minimal financial aid
If a public authority offers your business a small subsidy, you must first confirm in writing that you will not exceed the amount stated. After you receive the aid you must keep a written record of the payment, the date and the gross value for at least three years.
Confirm subsidy amount and keep record of SPEI assistance
If a public authority offers your business SPEI assistance, you must first send them a written confirmation that you will not exceed the amount they propose. You also need to keep a written record of the assistance you receive – the date and the gross value – and retain that record for at least three years.
Practical guidance
Our guides explain how to comply with the requirements above.
Business funding and grants
Find funding options for your business.
Apply for innovation funding
Access Innovate UK grants and competitions for research, development, and game-changing technologies.
Finding government grants
How to search for and apply for government grants, subsidies, and financial support for your business.
Sections and provisions
95 classified provisions from this legislation.
Duties 8
- s.12 Application of the subsidy control principles
- s.13 Application of the energy and environment principles
- s.32 Subsidy database The Secretary of State
- s.37 Section 36: procedural requirements The enterprise
- s.39 Section 38: procedural requirements The enterprise
- s.66 CMA annual report
- s.68 Subsidy Advice Unit
- s.76 Duty to provide pre-action information
Powers 22
- s.16 Export performance
- s.24 Meaning of “ailing or insolvent”
- s.34 Information to be included in the subsidy database
- s.42 Chapter 2: supplementary and interpretative provision
- s.52 Mandatory referral to CMA
- s.53 CMA reporting period for mandatory referral
- s.54 Cooling off period following mandatory referral
- s.55 Call-in direction
- s.56 Voluntary referral to CMA
- s.57 CMA reporting period for voluntary referral
- s.59 CMA report following mandatory or voluntary referral
- s.60 Post-award referrals
- s.61 CMA reporting period for post-award referrals
- s.62 CMA report following post-award referral
- s.67 Information-gathering powers
- s.72 CAT powers on review: England and Wales and Northern Ireland
- s.74 Recovery orders
- s.77 Misuse of subsidies
- s.79 Guidance
- s.80 Disclosure of information
- ... and 2 more powers
Definitions 23
- s.1 Overview and application of Act legislation
- s.2 “Subsidy”
- s.4 Financial assistance which is specific
- s.5 Section 2: modification for air carriers
- s.6 “Public authority”
- s.7 “Enterprise”
- s.8 Persons under common control
- s.10 Subsidy schemes and streamlined subsidy schemes
- s.11 Subsidies and schemes of interest or particular interest
- s.25 Meaning of “deposit taker”
- s.26 Meaning of “insurance company”
- s.27 Subsidies for insurers that provide export credit insurance
- s.29 Services of public economic interest
- s.31 Subsidies or schemes subject to mandatory referral
- s.35 Introductory
- s.36 Minimal financial assistance
- s.38 Services of public economic interest assistance
- s.44 National or global economic emergencies
- s.47 Financial stability
- s.70 Review of subsidy decisions
- ... and 3 more definitions
Exemptions 19
- s.17 Use of domestic goods or services
- s.18 Relocation of activities
- s.19 Rescuing
- s.20 Restructuring
- s.30 Effect of prohibitions etc in relation to subsidy schemes
- s.33 Duty to include information in the subsidy database
- s.41 Exemption for certain subsidies given to SPEI enterprises
- s.43 Natural disasters and other exceptional circumstances
- s.45 National security
- s.46 Bank of England monetary policy
- s.49 Tax measures
- s.50 Large cross-border or international cooperation projects
- s.51 Nuclear energy
- s.63 Referrals in relation to subsidy schemes
- s.64 Other exemptions
- s.69 References to subsidy control groups
- s.71 Time limits for applications under section 70
- s.81 Modifications to subsidies and schemes
- s.87 Regulations