Where financial assistance is deemed to be a subsidy (i.e. all limbs of the test set out above are met), there may be applicable exemptions which allow the public authority to award the subsidy without needing to comply with all of the subsidy control requirements under the 2022 Act.
This includes the exemptions available in respect of MFA, subsidies given under subsidy schemes and subsidies given under streamlined routes (as set out elsewhere in this guide) from having to complete a subsidy control principles assessment. Subsidies under £100,000 given under these mechanisms do not have to be published.
Subsidies given under legacy subsidy schemes also do not need to comply with most of the 2022 Act requirements, as noted above.
There are also a limited number of further exemptions applying in exceptional circumstances (for example, subsidies relating to natural disasters, economic emergencies or national security).