# The Subsidy Control (Gross Cash Amount and Gross Cash Equivalent) Regulations 2022, Schedule 2


Table 1
Determining the base rate for loans
Length of loan
Base rate per annum
One month
4.3%
Three months
4.3%
Six months
4.3%
One year
4.3%
Two years
4.3%
Five years
3.8%
Ten years
3.4%
25 years
3.1%
Table 2
Determining the mark up rate for loans
Level of creditworthiness
Loss in the event of default
Mark up rate per annum
Strong
None
1%
Good
None
1%
Satisfactory
Not more than 30%
1%
Satisfactory
More than 30% and not more than 60%
2.2%
Satisfactory
More than 60% (or not known)
3.4%

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Source: https://www.legislation.gov.uk/uksi/2022/1186/schedule/2 (the official version)
Page: https://openlegislation.uk/subsidy-control-gross-cash-amount-and-gross-cash-equivalent-regulations-2022/schedule-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.