The phrase "as a cap on" is correct and usable in written English.
It can be used to indicate a limit or restriction placed on something, often in a financial or regulatory context.
Example: "The government introduced new regulations as a cap on the amount of carbon emissions allowed per company."
Alternatives: "as a limit on" or "as a ceiling on".
"Labour supports rigorous exams but only if they don't act as a cap on aspiration.
This will then serve as a cap on the additional loans.
The proposals were wilfully misconstrued as "a cap on rents", when they are nothing of the sort.
Without a market intervention, such as a cap on childcare prices, the UK risks the same effect.
He also argued that it was wrong to characterise the bonus restrictions as a cap on pay, because basic salaries were not fixed.
He said: "Disrupting a child's schooling to satisfy an ideological obsession will have dire consequences and end up as a cap on both aspiration and opportunity.
In its consultation on regulation, the FCA referred to research by the Personal Finance Research Centre at the University of Bristol as "ambiguous" about a cap, "on the one hand [it suggested] possible improved lending criteria and risk assessments.
The six powers see it as placing a cap on Iran's nuclear activity as a stepping stone towards a broad final settlement removing any risk of Tehran developing a nuclear warhead.
"The government must go further and set high-quality minimum standards for all workplace pensions as soon as possible, including a cap on all charges," said Richard Lloyd, the executive director of Which?
Many of the inquiries that Mr. Cuomo addressed dealt with policy matters that the governor has discussed at length in recent months, such as placing a cap on local property taxes and strengthening the state university system.
Gipson said he would immediately work with fellow legislators to push for such actions as placing a cap on nonresident students and a public hearing on the audit results.
