Subsidy control regime: new Bill working its way through Parliament
2022 is the year in which the UK’s new post-Brexit subsidy control regime will take effect. The new Subsidy Control Bill will form the backbone of the UK’s new subsidy control regime. The new Bill will replace the EU’s state aid rules, which applied until the end of the Brexit transition period.
2022 is the year in which the UK’s new post-Brexit subsidy control regime will take effect. The new Subsidy Control Bill, currently working its way through Parliament, will form the backbone of the UK’s new subsidy control regime. The new Bill will replace the EU’s state aid rules, which applied until the end of the Brexit transition period. The Bill aims to:
- empower local authorities, public bodies and central and devolved governments to design subsidies that deliver strong benefits for the UK taxpayer;
- enable authorities to deliver subsidies that are tailored and bespoke to local needs in order to support UK Government priorities such as levelling up, achieving net zero and increasing UK research and development investment;
- provide certainty and confidence to businesses investing in the UK; and
- contribute towards meeting the UK’s international commitments on subsidy control.
These are ambitious objectives and require the new regime to manage a difficult balancing act between several competing interests. They will be of particular interest to larger multi academy trusts whose trading arms will be subject to the regime — in particular the funding of these entities.
At this stage, the Bill is passing through the Houses of Parliament; however, we expect imminently that secondary legislation will provide greater detail about the new regime and enable greater planning in anticipation of the introduction of legislation later in the year.
If you would like to know more about the regime, subsidy control experts Alex Kynoch and Angelica Hymers will be hosting an online webinar on the 30 March. The session will explore the practicalities of complying with the new Subsidy Control Bill and consider the impact of illustrative guidance and policy statements recently published by the Government. Click here to register.
Alex also explores the principles, prohibited subsidies restrictions and exemptions laid down in the Bill in his article New Year, New Subsidy Control Regime Part 1. While Angelica considers streamlined subsidy schemes, transparency, the role of the Competition and Markets Authority and the enforcement provisions in Part 2: Schemes, enforcement and transparency under the Subsidy Control Bill.
Contact
Alex Kynoch
Partner
alex.kynoch@brownejacobson.com
+44 (0)115 976 6511
Related expertise
You may be interested in...
Online Event
Handling parent complaints against staff: Panel discussion
Press Release
Comment on Older People's Housing Preferences report
Legal Update
Navigating the future: A consultative approach to local government funding reform
Legal Update - Public matters newsletter
Public matters: December 2024
Online Event
Pupillage open evening
Press Release
Children’s Wellbeing and Schools Bill: Comments from education lawyers
Published Article
Navigating the future of local government finance: Strategies for maximising central government funding
Legal Update
School exclusions case confirms ‘substance over form’ is key
Press Release
Browne Jacobson continues strategic expansion in Wales with new corporate partner
Press Release
Comment on English devolution white paper
Legal Update
Taking account of a supplier’s approach to payment in major contracts procurement (PPN015 and PPN018): What is new?
Legal Update
Embedding social value in procurement
Legal Update
Planning Reform Working Paper: Planning committees
Legal Update
Stark increase in rates of school suspensions and exclusions
Legal Update
Martyn’s Law: Paving the way for enhanced security measures across UK venues and events
Online Event
Embracing AI to improve school governance
Legal Update
Employment Rights Bill: Will it cost more to outsource public services and back-office functions?
Legal Update
A call to councils: Implementing effective tree management to prevent future tragedies
Legal Update
Navigating workplace sexual harassment laws during the festive season
Press Release
Comments on the latest SEND tribunal statistics
Press Release
Comments on new MHRA clinical trial regulations
On-Demand
Managing safeguarding allegations against staff
Press Release
Comments on the National Planning Policy Framework reform
Guide - PFI expiry
PFI expiry guidance for schools
Opinion
Revolutionising the Workforce: Impact of Get Britain Working White Paper
Legal Update
The latest take on vicarious liability for kinship / connected person foster care
Legal Update
Supreme Court shines a light on collective agreements
Press Release
Browne Jacobson advises Celtic Freeport as it opens for business
Press Release
Comments on the Prime Minister’s ‘Plan for Change’ speech
Legal Update
The power of storytelling (and curiosity)
Online Event
Supporting universities to meet their financial duties
Press Release
Browne Jacobson advises Oxford City Council on Barton Park affordable housing deal
Podcast - #EdInfluence
#EdInfluence podcast (series 4): In conversation with inspiring leaders
Press Release - School leaders survey
Browne Jacobson’s latest School Leaders Survey illustrates need for better SEND guidance as exclusions rise
Legal Update - Public matters newsletter
Public matters: November 2024
Press Release
Comment on local goverment finance policy settlement
Legal Update
A new code of conduct, how this might be useful for local authority companies
Opinion
Opportunities for private children’s services to engage with Regional Care Cooperatives
Press Release
New hires at Browne Jacobson will support schools with data compliance amid enhanced ICO scrutiny
