47 Financial stability
Subsidy Control Act 2022 (2022 c 23) | Legislation

47  Financial stability

(1)     The subsidy control requirements do not apply to the giving of a subsidy, or the making of a subsidy scheme, so far as a financial stability direction so provides.

(2)     “Financial stability direction” means a direction given by the Treasury providing for specified subsidy control requirements not to apply to—

(a)     the giving of a specified subsidy or making of a specified subsidy scheme, or

(b)     the

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