PART 2Subsidy control requirements
CHAPTER 1Principles
12Application of the subsidy control principles
(1)
A public authority—
(a)
must consider the subsidy control principles before deciding to give a subsidy, and
(b)
must not give the subsidy unless it is of the view that the subsidy is consistent with those principles.
(2)
In subsection (1) “subsidy” does not include a subsidy given under a subsidy scheme.
(3)
A public authority—
(a)
must consider the subsidy control principles before making a subsidy scheme, and
(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.