PART 2Subsidy control requirements
CHAPTER 1Principles
I1I212Application 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.