Just to clarify the points from the noble Lord, Lord McNicol, yes, it would need to meet the scheme requirements if it was given under a scheme. If the subsidy is not minimal financial assistance —so it exceeds £315,000 accumulated over three years—it does have to meet the principles; if it is MFA, it does not need to meet the principles. Reviewing the cost as an impact assessment does not necessarily cover all those options.
Subsidy Control Bill
Proceeding contribution from
Lord Callanan
(Conservative)
in the House of Lords on Monday, 7 February 2022.
It occurred during Debate on bills
and
Committee proceeding on Subsidy Control Bill.
Type
Proceeding contribution
Reference
818 c336GC
Session
2021-22
Chamber / Committee
House of Lords Grand Committee
Subjects
Librarians' tools
Timestamp
2022-02-24 13:09:38 +0000
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