# Subsidy Control Act 2022, Section 41: Exemption for certain subsidies given to SPEI enterprises

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

(1) The requirements as to transparency in Chapter 3 of Part 2 do not apply to a subsidy given to a SPEI enterprise for the purpose of the provision of SPEI services, where the subsidy is no more than £100,000.
(2) For the purposes of subsection (1)—
(a) if assistance is provided in cash, the gross cash amount given is to be used in determining the amount of the assistance;
(b) if assistance is provided otherwise than in cash, the amount of assistance given is to be determined by reference to the gross cash equivalent of the assistance.

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Source: https://www.legislation.gov.uk/ukpga/2022/23/section/41 (the official version)
Page: https://openlegislation.uk/subsidy-control-act-2022/section-41
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.