52 Regulation of distortive or harmful subsidies
United Kingdom Internal Market Act 2020 (2020 c 27) | Legislation

Part 7 Subsidy Control

52  Regulation of distortive or harmful subsidies

(1)     In Part 2 of Schedule 5 to the Scotland Act 1998 (specific reservations), under Head C (trade and industry), at the end insert—

“Distortive or harmful subsidies
C16

Regulation of the provision of subsidies which are or may be distortive or harmful by a public authority to persons supplying goods or services in the course of a business.

Interpretation

“Public authority” means a person who exercises functions of a public nature.

“Subsidy” includes assistance provided to a person directly or indirectly by way of income or price support, grant, loan, guarantee, indemnity, the provision of goods or services and any other kind of assistance, whether financial

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