Paragraph 4 Advisory opinion: proposals to grant aid
(1)
An advisory opinion in respect of a proposal to grant aid by Act of Parliament prepared in accordance with paragraph 2(1) or 2(3)(a) must—
(a)
advise if the proposal is a proposal to grant aid by Act of Parliament;
(b)
if the CMA advise that it is such a proposal, advise whether the proposal would be notifiable under Article 108(3) of the TFEU were it a proposal to grant the aid otherwise than by Act of Parliament;
(c)
if the CMA advise that it would be notifiable, advise whether the proposal would be likely (if notified in accordance with these Regulations) to be approved by the CMA; and
(d)
give reasons for the conclusions.
(2)
In preparing its advisory opinion, the CMA may take account of plans to modify the proposal.