Part 3: Exemptions Chapter 3: Emergencies etc. Section 44: National or global economic emergencies
Subsection (1) states that the provisions on prohibited and restricted subsidies in sections 15 to 29 do not apply to subsidies that are given in response to a national or global economic emergency. Subsection (2) clarifies subsidies given through this exemption must be temporary in nature as part of responding to the damage caused by such an economic emergency.
	The use of this exemption is restricted in that it can only be used when the Secretary of State has published a notice stating a particular emergency has occurred and therefore the ‘national or global economic emergency’ exemption can be used to remedy that situation. A published notice must be laid in Parliament, and may be withdrawn by the Secretary of State.