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Paragraph 5 Advisory opinion: aid granted

Original text. Later amendments are not shown.

(1)

An advisory opinion in respect of an Act prepared in accordance with paragraph 2(2) or 2(3)(b) must—

(a)

advise whether aid has been granted by Act of Parliament;

(b)

if the CMA advise that it has been, advise whether the aid would be notifiable under Article 108(3) of the TFEU were the aid granted otherwise than by Act of Parliament;

(c)

if the CMA advise that it would be notifiable, advise whether the aid 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 aid.