PART 2 Subsidy control requirements

CHAPTER 3 Transparency

34 Information to be included in the subsidy database
(1) The Secretary of State may by regulations make provision about the information that must be included in a public authority’s entry in the subsidy database in relation to a subsidy or subsidy scheme.
(2) The regulations may, in particular, require a public authority’s entry to include—
(a) the power under which the subsidy is given;
(b) the policy objective of the subsidy or scheme;
(c) the name of the beneficiary to which the subsidy is given;
(d) the date the public authority confirms the decision to give the subsidy or make the scheme;
(e) the duration of the subsidy or scheme;
(f) any time limits or other conditions attached to the use of the subsidy or scheme;
(g) the amount of the subsidy or scheme or the amount budgeted for the subsidy or scheme;
(h) the location of any of the information mentioned in paragraphs (a) to (g) and subsection (3);
(i) the location of any other publicly available information relating to the subsidy or scheme.
(3) In relation to subsidy schemes, the regulations may require a public authority’s entry to include—
(a) the categories of beneficiary eligible to receive subsidies under the scheme;
(b) the terms and conditions for subsidy eligibility;
(c) the basis for the calculation of the subsidy including any relevant conditions relating to subsidy ratios.
(4) Regulations under this section are subject to the negative procedure.