IRRV Alert - week ending 25th March 2022 Part 2
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Consultations
Reports
Subsidies and Schemes of Interest and of Particular Interest (25 March 2022)
Open consultation
Subsidies and Schemes of Interest and of Particular Interest
- From:
- Department for Business, Energy & Industrial Strategy
- Published
- 25 March 2022
Summary
We're seeking views on proposed regulations under the Subsidy Control Bill that define criteria for potentially distortive categories of subsidies, and views more generally on the categories.
This consultation closes at
11:45pm on 6 May 2022
Consultation description
The Subsidy Control Bill provides the framework for a new, United Kingdom-wide subsidy control regime. This regime will enable public authorities, including devolved administrations and local authorities, to deliver subsidies that are tailored and bespoke for local needs to deliver government priorities such as levelling up and achieving net zero carbon, as well as supporting the economy’s recovery from COVID-19.
It is crucial that the new subsidy control regime can identify subsidies and schemes that have the potential to cause negative effects on competition or investment within the United Kingdom or in relation to the United Kingdom’s international trade, and subject these to additional scrutiny and review.
To achieve this, the Subsidy Control Bill provides for 2 distinct categories of subsidy or subsidy scheme that could potentially have a distortive effect:
- Subsidies or Schemes of Interest (SSoI)
- Subsidies or Schemes of Particular Interest (SSoPI)
We intend to develop criteria that are clear and easy for public authorities to interpret and apply.
This consultation:
- seeks views on these categories of subsidies and schemes
- sets out, in the accompanying draft regulations, the government’s intended approach to setting criteria and definitions
- includes initial proposals for related guidance
Read the BEIS consultation privacy notice.
Documents
Consultation on Subsidies and Schemes of Interest and of Particular Interest
PDF, 347 KB, 33 pages
Draft: The Subsidy Control (Subsidies and Schemes of Interest or Particular Interest) Regulations 2022
PDF, 89 KB, 4 pages
Ways to respond
or
Email to:
subsidycontrolconsultation@beis.gov.uk
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Published 25 March 2022