{
  "url": "https://openlegislation.uk/subsidy-control-gross-cash-amount-and-gross-cash-equivalent-regulations-2022/schedule-2",
  "json_url": "https://openlegislation.uk/subsidy-control-gross-cash-amount-and-gross-cash-equivalent-regulations-2022/schedule-2.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": "schedule/2",
  "kind": "schedule",
  "number": "2",
  "heading": null,
  "text": "Table 1\nDetermining the base rate for loans\nLength of loan\nBase rate per annum\nOne month\n4.3%\nThree months\n4.3%\nSix months\n4.3%\nOne year\n4.3%\nTwo years\n4.3%\nFive years\n3.8%\nTen years\n3.4%\n25 years\n3.1%\nTable 2\nDetermining the mark up rate for loans\nLevel of creditworthiness\nLoss in the event of default\nMark up rate per annum\nStrong\nNone\n1%\nGood\nNone\n1%\nSatisfactory\nNot more than 30%\n1%\nSatisfactory\nMore than 30% and not more than 60%\n2.2%\nSatisfactory\nMore than 60% (or not known)\n3.4%",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2022/1186/schedule/2",
    "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."
}