WebOn 28 April 2024, the UK’s new regime to regulate subsidies received Royal Assent. The Subsidy Control Act 2024 (the Act), some parts of which enter into force immediately, replaces the rules that have been in place since Brexit. Although there is substantial carry-over from the interim rules, the Act also introduces some significant changes ... WebOverview and application of Act “Subsidy” 2. “Subsidy” 3. Financial assistance which confers an economic advantage 4. Financial assistance which is specific 5. Section 2: modification for air...

Introduction to Subsidy Control Department for the Economy

WebMay 5, 2024 · The main elements of the new Subsidy Control Act 2024 are expected to come into force in Autumn 2024. In this article, Jonathan Branton, Alexander Rose and Alex Eaton from DWF's Competition Law team identify the main elements of the new legislation and how this step will change the award of subsidies across the UK in the future. WebApr 28, 2024 · 12.38pm. The following Acts were given Royal Assent: Local Government (Disqualification) Act, Down Syndrome Act, Animals (Penalty Notices) Act, Professional Qualifications Act, Skills and Post-16 Education Act, Animal Welfare (Sentience) Act, Subsidy Control Act, now that\u0027s what i call general haberdashery

UK Subsidy Control Regime Receives Royal Assent …

WebSubsidy Control Act 2024 2024 CHAPTER 23 An Act to make provision regulating the giving of subsidies out of public resources; and for connected purposes. [28th April 2024] WebApr 28, 2024 · A new system to regulate subsidies to business receives Royal Assent today (Thursday 28 April) to boost the economy and put the UK on the front foot in … WebSubsidy Control Act 2024: An Update Following the Subsidy Control Bill 2024 1 receiving Royal Assent on 28 April 2024, the UK government and Competition and Markets Authority have published draft guidance on the new UK subsidy control regime. now that\u0027s what i call edgy