# Subsidy Control Act 2022, Section 15: Unlimited guarantees

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

A subsidy in the form of a guarantee of the debts or liabilities of an enterprise is prohibited by this section if—
(a) there is no limit as to the amount of the debts or liabilities that are guaranteed, or
(b) there is no limit as to the duration of the guarantee.

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Source: https://www.legislation.gov.uk/ukpga/2022/23/section/15 (the official version)
Page: https://openlegislation.uk/subsidy-control-act-2022/section-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.