Financial assistance to industryU.K.
4(1)This Schedule does not reserve giving financial assistance to commercial activities for the purpose of promoting or sustaining economic development or employment.U.K.
(2)Sub-paragraph (1)—
(a)does not apply to giving financial assistance to any activities in pursuance of a power exercisable only in relation to activities which are reserved,
(b)does not apply to Part I of this Schedule, except paragraph 9, or to a body to which paragraph 3 of this Part of this Schedule applies,
(c)is without prejudice to the exceptions from the reservations in Sections [F1C11,] E2 and E3 of Part II of this Schedule.
(3)Sub-paragraph (1) does not affect the question whether any matter other than financial assistance to which that sub-paragraph applies is reserved.
Textual Amendments
F1Words in Sch. 5 Pt. III para. 4(2)(c) inserted (14.12.2000) by S.I. 2000/3252, art. 2(2)