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Subsidy Control Bill (HL) - Clause 1

22 September 2021

Lead MP

Kwasi Kwarteng

Debate Type

Bill Debate

Tags

BrexitStandards & EthicsLocal Government
Other Contributors: 43

At a Glance

Kwasi Kwarteng raised concerns about subsidy control bill (hl) - clause 1 in the House of Commons. Other MPs contributed to the debate.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
The Government are determined to seize the opportunities arising from Brexit by developing a new subsidy control system for the UK. The Bill promotes autonomy, transparency, and accountability, empowering local authorities and devolved Administrations to design subsidies tailored to meet local needs while adhering to national policy objectives. It introduces seven clear principles for subsidies that aim to remedy market failures and bring about behavioural changes without excessive bureaucracy or lengthy pre-approval processes. Public authorities will have the flexibility to make their own assessments on whether new subsidies align with these principles, significantly reducing decision-making times compared to the EU state aid regime.
Assessment & feedback
Summary accuracy

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