Competition and trade law: Transparency in state aid procedures

United Kingdom

The Commission has adopted a proposal for a Council Regulation which aims to codify and clarify the procedural rules on state aid in a single text. The proposed regulation sets out the procedures regarding notified aid, unlawful aid, misuse of aid, existing aid schemes and monitoring. The Regulation clarifies issues such as time limits for Commission decisions, the procedural requirements for the supply of relevant information, and the procedural framework for the revocation of decisions and the suspension or recovery of unlawful aid.