# The Subsidy Control (Gross Cash Amount and Gross Cash Equivalent) Regulations 2022, Regulation 9: Determining the risk that a claim will be made when calculating the premium at which a guarantee might reasonably have been expected to have been available on the market


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 by reference to the amount guaranteed multiplied by the risk that a claim will be made under the guarantee as set out in the Table in Schedule 3.

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Source: https://www.legislation.gov.uk/uksi/2022/1186/regulation/9 (the official version)
Page: https://openlegislation.uk/subsidy-control-gross-cash-amount-and-gross-cash-equivalent-regulations-2022/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.