Part 4: CMA: Referrals and functions Chapter 1: Functions on referrals of subsidies and schemes Section 64: Other exemptions
This section provides for the exemption of certain subsidies and subsidy schemes from some or all of the requirements of Chapter 1 of Part 4. Subsections (1) and (2) exempt from the requirements of Chapter 1 of Part 4 various subsidies or schemes where either the subsidy control principles, prohibitions and conditions do not apply, or it would otherwise be inappropriate for them to apply.
	Subsection (3) confers a reserve power on the Secretary of State to exempt subsidies or schemes from the mandatory referral requirements of Chapter 1 of Part 4 where there are considered to be urgent and exceptional circumstances which mean that it is in the public interest that the subsidy or scheme can be given without delay. In the event that the Secretary of State exempts a subsidy or scheme for these purposes, the subsidy or scheme would still need to meet the subsidy control requirements under Part 2.