Subsidy Advice Unit: Proposed approach to monitoring under the Subsidy Control Act 2022

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Summary:

The UK's Subsidy Advice Unit (SAU) is seeking views on its proposed approach to monitoring the effectiveness of the Subsidy Control Act 2022. The Act requires the SAU to review the impact of the legislation on competition and investment within the UK and publish a report on its findings. The proposed approach emphasizes the need for transparency, accountability, and stakeholder engagement. The consultation invites feedback on the SAU's methodology, data collection, and reporting mechanisms before the closure of submissions on March 28, 2024.