36 Minimal financial assistance

Section 36 Minimal financial assistance

Subsidy Control Act 2022 (2022 c 23) | Legislation

Chapter 2Minimal or SPEI Financial Assistance

Minimal financial assistance

36  Minimal financial assistance

(1)     The subsidy control requirements do not apply to minimal financial assistance given to an enterprise if the total amount of minimal or SPEI financial assistance given to the enterprise within the applicable period does not exceed £315,000.

(2)     The applicable period is the period comprising—

(a)     the elapsed part of the current financial year, and

(b)     the

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