The Department for Business, Energy and Industrial Strategy (BEIS) has launched a consultation seeking views on the draft statutory guidance for the Subsidy Control Act 2022.
The aim of the guidance is to explain the provisions of the Act and help public authorities navigate the new Subsidy Control regime. It will provide advice to help public authorities to develop subsidies and subsidy schemes that are appropriate, well-designed, and in compliance with the Act. It will also support subsidy recipients and wider stakeholders to understand the new requirements.
For BVRLA members who have had to abide by state aid rules in the past, (e.g. rental firms and clean air zone funding) it could be useful if there is good guidance for the new scheme.
The consultation closes on 10 August 2022, members who would like to feed in their views can contact [email protected].
