{
  "url": "https://openlegislation.uk/subsidy-control-gross-cash-amount-and-gross-cash-equivalent-regulations-2022/regulation-5",
  "json_url": "https://openlegislation.uk/subsidy-control-gross-cash-amount-and-gross-cash-equivalent-regulations-2022/regulation-5.json",
  "legislation": "uksi/2022/1186",
  "legislation_title": "The Subsidy Control (Gross Cash Amount and Gross Cash Equivalent) Regulations 2022",
  "legislation_url": "https://openlegislation.uk/subsidy-control-gross-cash-amount-and-gross-cash-equivalent-regulations-2022",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Supplementary provisions for determining the gross cash equivalent of certain subsidies",
  "text": "When determining the gross cash equivalent amount of a subsidy under regulation 4(2)—\n(a) where the subsidy is given by means of a small loan, regulation 6 may be applied;\n(b) where the subsidy is given by means of a small loan guarantee, regulation 7 may be applied;\n(c) where the subsidy is given by means of a loan to a person with a strong, good or satisfactory level of creditworthiness, the interest rate at which a loan of the same kind might reasonably have been expected to have been available on the market to that person may be determined in accordance with regulation 8;\n(d) where the subsidy is given by means of a guarantee which relates to a person with a strong, good or satisfactory level of creditworthiness, the premium at which a guarantee of the same kind might reasonably have been expected to have been available on the market may be determined in accordance with regulation 9.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2022/1186/regulation/5",
    "retrieved_at": "2026-10-28T21:53:36.347245+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}