http://www.legislation.gov.uk/ukpga/2022/23/section/21/enactedSubsidy Control Act 2022enKing's Printer of Acts of Parliament2022-05-05 PART 2CHAPTER 2 21 1 A subsidy for restructuring an ailing or insolvent deposit taker or insurance company is prohibited by this section unless the conditions in subsections (2) to (4) are met. 2 The condition in this subsection is that— a the subsidy is given on the basis of a restructuring plan, and b the public authority giving the subsidy is satisfied that the restructuring plan— i is credible, and ii is likely to restore long-term viability. 3 The condition in this subsection is that the beneficiary of the subsidy, its shareholders, its creditors or the business group to which the beneficiary belongs— a have contributed significantly to the restructuring costs from their own resources, or b have a contractual obligation to do so. 4 The condition in this subsection is that the public authority giving the subsidy has been or reasonably expects to be properly remunerated for the subsidy.