Written question asked by Baroness Beckett (Labour), in the House of Commons. It was due for an answer on Wednesday, 22 May 1996. It was answered by Lord Lang of Monkton (Conservative) on Wednesday, 22 May 1996 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: What proposals he has to underwrite future contributions by British Energy to its segregated fund in circumstances where (a) British Energy could not meet the payment and (b) British Energy became insolvent.

Answer: Mrs. Beckett: To ask the President of the Board of Trade what proposals he has to underwrite future contributions by British Energy to its segregated fund in circumstances where (a) British Energy could not meet the payment and (b) British Energy became insolvent.[30344] Mr. Lang: The agreements contain cross and parent company guarantees which make Nuclear Electric Ltd. and Scottish Nuclear responsible for each others' obligations and require British Energy to act as guarantor.

Secondary information