Written question asked by Adam Ingram (Labour), in the House of Commons. It was due for an answer on Tuesday, 4 June 1996. It was answered by Jeremy Hanley (Conservative) on Tuesday, 4 June 1996 on behalf of the Foreign and Commonwealth Office.

Foreign and Commonwealth Office

Question: What transfer of funds took place from the ODA to the University of Greenwich arising from the transfer of the scientific arm of the ODA to the University.

Answer: Mr. Ingram: To ask the Secretary of State for Foreign and Commonwealth Affairs what transfer of funds took place from the ODA to the university of Greenwich arising from the transfer of the scientific arm of the ODA to the university.[31193] Mr. Hanley: There was no transfer of funds from ODA to Greenwich on completion of the sale agreement. There will be an adjustment to the nominal consideration paid by Greenwich based on the agreed level of net current assets at completion; this could result in a payment from the ODA to Greenwich of vice versa.

Secondary information

Type: Written question
Reference: 31193; 278 c391W
Session: 1995-96
Subjects: Executive agencies Finance Privatisation Overseas Development Administration University of Greenwich Natural Resources Institute