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					<dc:identifier>http://www.legislation.gov.uk/ukpga/2022/23/section/41</dc:identifier><dc:title>Subsidy Control Act 2022</dc:title><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2024-05-20</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2024-01-01</dct:valid>
					
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					<ukm:PrimaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="primary"/><ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="2022"/><ukm:Number Value="23"/><ukm:EnactmentDate Date="2022-04-28"/><ukm:ISBN Value="9780105701552"/></ukm:PrimaryMetadata>
					

                    
									<ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/ukpga/2022/23/notes"/><ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/ukpga/2022/23/pdfs/ukpgaen_20220023_en.pdf" Date="2022-05-26" Title="Explanatory Note" Size="1396952"/></ukm:Alternatives>       
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/ukpga/2022/23/body" IdURI="http://www.legislation.gov.uk/id/ukpga/2022/23/body" NumberOfProvisions="94" NumberFormat="default" RestrictExtent="E+W+S+N.I." RestrictStartDate="2024-01-01"><Part DocumentURI="http://www.legislation.gov.uk/ukpga/2022/23/part/3" IdURI="http://www.legislation.gov.uk/id/ukpga/2022/23/part/3" NumberOfProvisions="17" id="part-3" RestrictExtent="E+W+S+N.I." RestrictStartDate="2023-12-25"><Number>PART 3</Number><Title>Exemptions</Title><Chapter DocumentURI="http://www.legislation.gov.uk/ukpga/2022/23/part/3/chapter/2" IdURI="http://www.legislation.gov.uk/id/ukpga/2022/23/part/3/chapter/2" NumberOfProvisions="7" id="part-3-chapter-2" RestrictExtent="E+W+S+N.I." RestrictStartDate="2023-01-04"><Number>CHAPTER 2</Number><Title>Minimal or SPEI financial assistance</Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2022/23/part/3/chapter/2/crossheading/general" IdURI="http://www.legislation.gov.uk/id/ukpga/2022/23/part/3/chapter/2/crossheading/general" NumberOfProvisions="3" id="part-3-chapter-2-crossheading-general" RestrictExtent="E+W+S+N.I." RestrictStartDate="2023-01-04"><Title>General</Title><P1group RestrictExtent="E+W+S+N.I." RestrictStartDate="2023-01-04"><Title>Exemption for certain subsidies given to SPEI enterprises</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2022/23/section/41" IdURI="http://www.legislation.gov.uk/id/ukpga/2022/23/section/41" id="section-41">
<Pnumber><CommentaryRef Ref="key-d1bf2c9dd1c48157e44194cc7e10eec9"/><CommentaryRef Ref="key-0831e3f2c8d92f1eea808f3d8eceaabe"/>41</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2022/23/section/41/1" IdURI="http://www.legislation.gov.uk/id/ukpga/2022/23/section/41/1" id="section-41-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>The requirements as to transparency in Chapter 3 of Part 2 do not apply to a subsidy given to a SPEI enterprise for the purpose of the provision of SPEI services, where the subsidy is no more than £100,000.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2022/23/section/41/2" IdURI="http://www.legislation.gov.uk/id/ukpga/2022/23/section/41/2" id="section-41-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>For the purposes of subsection <InternalLink Ref="section-41-1" IdURI="http://www.legislation.gov.uk/id/ukpga/2022/23/section/41/1" DocumentURI="http://www.legislation.gov.uk/ukpga/2022/23/section/41/1">(1)</InternalLink>—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2022/23/section/41/2/a" IdURI="http://www.legislation.gov.uk/id/ukpga/2022/23/section/41/2/a" id="section-41-2-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>if assistance is provided in cash, the gross cash amount given is to be used in determining the amount of the assistance;</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2022/23/section/41/2/b" IdURI="http://www.legislation.gov.uk/id/ukpga/2022/23/section/41/2/b" id="section-41-2-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>if assistance is provided otherwise than in cash, the amount of assistance given is to be determined by reference to the gross cash equivalent of the assistance.</Text>
</P3para>
</P3>
</P2para>
</P2>
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</P1></P1group></Pblock></Chapter></Part></Body></Primary><Commentaries><Commentary Type="I" id="key-d1bf2c9dd1c48157e44194cc7e10eec9"><Para><Text>S. 41 not in force at Royal Assent, see <CitationSubRef id="n25cb1dc291b0ee97" SectionRef="section-91-2" URI="http://www.legislation.gov.uk/id/ukpga/2022/23/section/91/2" Operative="true">s. 91(2)</CitationSubRef></Text></Para></Commentary><Commentary id="key-0831e3f2c8d92f1eea808f3d8eceaabe" Type="I"><Para><Text><CitationSubRef SectionRef="section-41" URI="http://www.legislation.gov.uk/id/ukpga/2022/23/section/41" id="cv9b36sp4-00268">S. 41</CitationSubRef> in force at 4.1.2023 by <Citation URI="http://www.legislation.gov.uk/id/uksi/2022/1359" Class="UnitedKingdomStatutoryInstrument" Year="2022" Number="1359" Title="The Subsidy Control Act 2022 (Commencement) Regulations 2022" id="cv9b36sp4-00269">S.I. 2022/1359</Citation>, <CitationSubRef SectionRef="regulation-2" URI="http://www.legislation.gov.uk/id/uksi/2022/1359/regulation/2" CitationRef="cv9b36sp4-00269" Operative="true" id="cv9b36sp4-00270">reg. 2</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>