Early day motion tabled by primary sponsor Llew Smith (Labour), on Thursday, 16 January 2003, in the House of Commons. It is signed by 35 members in total.

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QINETIQ SELL OFF AND PARLIAMENTARY PROCEDURE

That this House disapproves of the proposals set out in the Ministry of Defence departmental minute, dated 17th December 2002, to retain in the public sector liabilities amounting to almost ??100 million as part of the deal done with the Carlyle Group to sell-off the defence evaluation organisation QinetiQ; believes it is wrong to encumber taxpayers with liabilities while selling off public assets to the private sector; further believes that the method of informing honourable Members by a departmental minute deposited in the parliamentary libraries just two days before the Christmas recess is an insufficiently transparent way of keeping parliament appraised of the sell-off strategy and detailed provision; and calls upon the Secretary of State for Defence to postpone any further action in respect of the QinetiQ sell-off until parliament has had a proper chance to debate the implications.

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Secondary information

Type

Early day motion

Reference

531 

Session

2002-03

Subjects

Defence Liability Private sector Sales Taxpayers QinetiQ Carlyle Group

Link

View this Early day motion on www.parliament.uk