L SUBSIDIES (excluding export subsidies under P7)*

Financial contribution by a government or public body, or via government entrustment or direction of a private body (direct or potential direct transfer of funds: e.g., grant, loan, equity infusion, guarantee; government revenue foregone; provision of goods or services or purchase of goods; payments to a funding mechanism), or income or price support, which confers a benefit and is specific (to an enterprise or industry or group thereof, or limited to a designated geographical region).   
Example:  The government provides producers of chemicals a one-time cash grant to replace antiquated production equipment.   
 
Note: this category is to be further sub-divided after further study on the subject.

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