Written question asked by Patrick Nicholls (Conservative), in the House of Commons. It was due for an answer on Tuesday, 10 December 1991. It was answered by Lord McLoughlin (Conservative) on Tuesday, 10 December 1991 on behalf of the Department of Transport.

Written question

Question: Whether he will ensure that the sale of the successor company by the Trust Port Board will be subject to sufficient safeguards to prevent the subsequent reorganisation of the successful bidder's other business in such a manner as to allow any of their debt repayments to be funded by the revenue and profits of the successor company; what advice he has given to Board on this; what steps he has taken to ensure this & if he will require successful bidder to demonstrate that any other company in which he or his backers have any stake does not contain repayment schedules which might prejudice successful operation of that company.

Secondary information