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United Kingdom · Question · Written question

UIN 51591

Fossil Fuels: Subsidy Control

answeredUnited Kingdom· UK Parliament· EN

Introduced

20 September 2022

Last action

28 September 2022 · Answer

Status

Answered

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Discovery layer

Source updated

28 September 2022

Summary

To ask the Chancellor of the Exchequer, if his Department will make an assessment of the potential effect of allowing investment expenditure under the Energy (Oil and Gas) Profits Levy Act 2022 as a subsidy, under the provisions of the Subsidy Control Act

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Timeline

  1. 20 September 2022

    Written question

    To ask the Chancellor of the Exchequer, if his Department will make an assessment of the potential effect of allowing investment expenditure under the Energy (Oil and Gas) Profits Levy Act 2022 as a subsidy, under the provisions of the Subsidy Control Act

    Source: Commons

  2. 28 September 2022

    Answer

    The Government does not consider the Energy Profit Levy’s investment allowance for investment expenditure to be a subsidy under the Subsidy Control Act 2022.

    Source: Written answer

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