Question reference: S6W-23299
- Asked by: Graham Simpson, MSP for Central Scotland, Scottish Conservative and Unionist Party
- Date lodged: 28 November 2023
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Current status: Answered by Neil Gray on 11 December 2023
Question
To ask the Scottish Government, further to the answer to question S6W-22676 by Neil Gray on 31 August 2023, which exact subsidy control rules were preventing the requested investment in Ferguson Marine.
Answer
The independent due diligence on Ferguson Marine’s initial capital investment request concluded that the initial business case would not meet the Commercial Market Operator test, which is a key legal requirement if we are to demonstrate compliance with the subsidy control regime.