PART 2Subsidy control requirements

CHAPTER 2Prohibitions and other requirements

General prohibitions

15Unlimited guarantees

A subsidy in the form of a guarantee of the debts or liabilities of an enterprise is prohibited by this section if—

(a)

there is no limit as to the amount of the debts or liabilities that are guaranteed, or

(b)

there is no limit as to the duration of the guarantee.