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Disclosure of Minimal Financial Assistance (MFA) Received
The Subsidy Control Act 2022 provides for a mechanism called Minimal Financial Assistance (MFA) to allow authorities to provide grants that are considered small enough to support individual business without giving them an unfair advantage.
If a subsidy is being provided under this mechanism, it will be described as a “Minimal Financial Assistance Subsidy”. Minimal Financial Assistance can be provided in a number of different ways, including:
- A grant (this is the most common way to deliver MFA)
- A loan
- A guarantee
- A free or subsidised service
- Rates relief from local authorities
For further information you can follow this link:
https://www.gov.scot/publications/subsidy-control-guidance/pages/special-drawing-rights/
To comply with the UK Subsidy Control Act 2022, please complete the below section.