Description
The “Understanding the UK Subsidy Control Regime” guide provides a comprehensive overview of the UK’s new subsidy control framework, which replaced the EU State Aid rules.
This guide:
1. Explains the regime that came into force on January 4, 2023, with the UK Subsidy Control Act (2022). Users will find detailed information on how public authorities, including devolved administrations and local councils, can offer subsidies tailored to local needs to foster economic growth.
2. Covers how the regime aims to minimize market distortion within the UK and adhere to international obligations under World Trade Organization rules and the Trade and Cooperation Agreement between the UK and the EU.
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