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SUBSIDY CONTROL

April 3rd, 2023 by James Goudie KC

In the transfer of the business of BULK ENERGY case (2022) EWHC 717 (Admin) a Divisional Court states that, in addition to the Subsidy Control Act 2022 and Regulations and Statutory Guidance thereunder, the TCA has been fully implemented into the UK’s domestic law by means of a blanket, generic implementation. Domestic subsidy control law to that extent means what the TCA says; but how the principle of proportionality should be applied in the particular context is also a matter of domestic law; and a wide margin of appreciation is to be afforded to a public authority when considering commercial circumstances in a private market and the market operator investment principle.

This entry was posted on Monday, April 3rd, 2023 at 5:12 pm and is filed under Capital Finance and Companies. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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