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Written question asked by Baroness Anelay of St Johns (Conservative), in the House of Lords. It was due for an answer on Monday, 29 January 2001. It was answered by Lord Falconer of Thoroton (Labour) on Monday, 29 January 2001.


Falconer of Thoroton, Lord

Question
Whether provision has been made in the contracts to be signed with Legacy plc for the sale to them of the Millennium Dome site to provide the clawback of profits from Legacy plc if that company is deemed to have made excessive profits from the disposal or use of land at the Dome site at some date after contracts have been signed; and, if so, by what mechanism it is proposed that "excessive profits" will be defined. [HL 325].

Secondary information

Type
Written question
Reference
HL 325; 621 c31WA
Session
2000-01
Subjects
Property transfer Profits Repayments Millennium dome Legacy