Simple terms explainer
Councils must follow UK rules when giving financial support to businesses or organisations. Councils must check if the support counts as a subsidy, follow legal principles, and publish details online. They also need to be ready to explain their decisions and respond to any challenges. This helps protect public funds and supports fair competition.
Legal status
Statutory
Duty category
Finance
Duty type
Compliance
Social determinant of health
Economic stability
Emerging policy and legislation
0
Bodies with shared interest
Chartered Institute of Public Finance and Accountancy (CIPFA)
Standards and frameworks
1