Written question asked by Greg Clark (Conservative) on Wednesday, 5 November 2008, in the House of Commons. It was due for an answer on Monday, 10 November 2008. It was answered by Mike O'Brien (Labour) on Monday, 24 November 2008 on behalf of the Department of Energy and Climate Change.
British Energy: Nuclear Liabilities Fund
- Question
- To ask the Secretary of State for Energy and Climate Change whether the Nuclear Liabilities Fund plans to sell its British Energy bonds as part of the deal announced on 24 September 2008.
- Answer
-
British Energy (or any new owner) has the right to require the NLF to sell its bonds should it wish to repurchase them, and in any case would be required to offer to repurchase bonds due to the change of control of the company. Any decision as to whether to dispose of the bonds following such an offer would be a commercial matter for the Nuclear Liabilities Fund, in consultation with the Secretary of State.
Secondary information
- Type
- Written question
- Reference
- 483 c1141W; 234613
- Session
- 2007-08
- Subjects
- British Energy Nuclear Liabilities Fund
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-26 01:49:28 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1363855
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