# The Subsidy Control (Subsidy Database Information Requirements) Regulations 2022, Note: Explanatory note

Extent: E+W+S+N.I.

(This note is not part of these Regulations)
These Regulations make provision about the information that must be included in a public authority’s entry in the subsidy database in respect of a subsidy or subsidy scheme. Section 32 of the Subsidy Control Act 2022 (the “Act”) requires the Secretary of State to make arrangements for the provision of a database of subsidies and subsidy schemes for the purposes of Part 2 of the Act. Section 33 of the Act requires public authorities to ensure that an entry in the database is made in respect of certain subsidies and subsidy schemes. Section 34 of the Act allows the Secretary of State by regulations to make provision about the information that must be included in a public authority’s entry in the subsidy database.
Regulation 3 contains the general provisions about the information that must be included in an entry on the subsidy database. Regulation 4 makes specific provisions in respect of the information that must be provided for subsidy schemes. Regulation 5 makes specific provisions in respect of the information that must be provided for minimal finance assistance and SPEI assistance. Regulation 6 makes specific provisions in respect of the information that must be provided for subsidies given as tax measures. Regulation 7 makes specific provisions in respect of entering modifications of subsidies or subsidy schemes onto the subsidy database. Regulation 8 provides for information about the amounts of any subsidy to be determined by reference to the gross cash amount or gross cash equivalent amount.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sectors is foreseen. A de minimis impact assessment for this instrument has been produced but not published. The full Impact Assessment produced for the Act and dated 14th March 2022 addresses the transparency requirements in the Act at paragraphs 282 to 333 and is available from:
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1061037/subsidy-control-bill-final-impact-assessment-transparency-evidence-update.pdf

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Source: https://www.legislation.gov.uk/uksi/2022/1153/note (the official version)
Page: https://openlegislation.uk/subsidy-control-subsidy-database-information-requirements-regulations-2022/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.