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Written question asked by Lord Moynihan (Conservative), in the House of Lords. It was answered by Lord Davies of Oldham (Labour) on Tuesday, 24 May 2005.


Tote

Question
How long they have been in discussion with the European Commission about state aid clearance to sell the Tote at a discount to the Racing Trust; and when they anticipate closure on the talks.
Answer

The sale proposal was formally notified to the Commission in May last year, following earlier informal exchanges. It has been subject to discussion with the Commission since then. We expect an early indication of the Commission's view.


Secondary information

Type
Written question
Reference
68; 672 c6WA
Session
2005-06
Subjects
Betting Horse racing Tote Government assistance Discounts EU action Sales Racing Trust