# The Subsidy Control (Gross Cash Amount and Gross Cash Equivalent) Regulations 2022, Regulation 5: Supplementary provisions for determining the gross cash equivalent of certain subsidies


When determining the gross cash equivalent amount of a subsidy under regulation 4(2)—
(a) where the subsidy is given by means of a small loan, regulation 6 may be applied;
(b) where the subsidy is given by means of a small loan guarantee, regulation 7 may be applied;
(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;
(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.

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Source: https://www.legislation.gov.uk/uksi/2022/1186/regulation/5 (the official version)
Page: https://openlegislation.uk/subsidy-control-gross-cash-amount-and-gross-cash-equivalent-regulations-2022/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.