# Financial Services and Markets Act 2023, Paragraph 152: “Financial assistance”

Extent: E+W+S+N.I.

(1) In this Schedule “financial assistance” includes giving guarantees or indemnities and any other kind of financial assistance (actual or contingent).
(2) The Treasury may by regulations provide that a specified activity or transaction, or class of activity or transaction, is to be or not to be treated as financial assistance for a specified purpose of this Schedule; and sub-paragraph (1) is subject to this sub-paragraph.
(3) Regulations under this paragraph are subject to the negative procedure.

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Source: https://www.legislation.gov.uk/ukpga/2023/29/schedule/11/paragraph/152 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2023/schedule-11/paragraph-152
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.