delete Amendments to retained EU law
EU Exit regulation that revokes numerous EU-derived State Aid regulations, removes TFEU-based State Aid rights from domestic law, and revokes specific EU decisions on State Aid. It comes into force on IP completion day and contains three schedules making amendments to retained EU law, other legislation, and transitional provisions. The regulation eliminates EU-sourced State Aid rules including de minimis aid exemptions, block exemptions by sector, procedural regulations, and EU decisions such as those on coal mine closure aid and services of general economic interest.
These EU-derived State Aid rules represent precisely the kind of bureaucratic constraint that suppressed Britain's ability to pursue independent industrial and economic policy. The revocation of these regulations restores democratic sovereignty over subsidy decisions. While critics may warn of potential competitive distortions from unchecked state intervention, the proper response is transparency and democratic accountability, not retaining EU-derived constraints that were never subject to meaningful Parliamentary scrutiny. Post-Brexit Britain should design its own subsidy framework aligned with British interests, not maintain rules written in Brussels that prevented the UK from supporting strategically important sectors. The compliance costs and administrative burdens of these EU regulations served no democratic purpose.