IRRV Alert - week ending 11th November 2022
News
Consultations
Guidance on the operation of the subsidy control functions of the Subsidy Advice Unit (11 November 2022)
Guidance
Guidance on the operation of the subsidy control functions of the Subsidy Advice Unit
This guidance sets out how the Subsidy Advice Unit (SAU) will carry out its subsidy control functions in the UK Subsidy Control Regime.
- From:
- Competition and Markets Authority
- Published
- 11 November 2022
Documents
Operation of the subsidy control functions of the Subsidy Advice Unit
Ref: SAU1HTML
Operation of the subsidy control functions of the Subsidy Advice Unit: printable version
Ref: SAU1PDF, 967 KB, 48 pages
Details
The guidance explains the role of the Subsidy Advice Unit (SAU), which will be established within the Competition and Markets Authority (CMA) by the Subsidy Control Act 2022 (the Act) to provide independent non-binding advisory reports regarding certain subsidies that are referred by public authorities, and to periodically monitor and review the operation of the subsidy control regime.
The CMA consulted on guidance on the operation of the SAU. The consultation ran for 4 weeks, from 11 July 2022 to 10 August 2022.
The Department for Business, Energy & Industrial Strategy (BEIS) has separately published statutory guidance for the Act. The SAU’s guidance should be read in conjunction with the BEIS statutory guidance.
Published 11 November 2022