I appreciate that the right hon. Gentleman's debate is not entirely abstract, but on amendment 5 how would the Government be able to judge financial assistance on the basis of that debt to equity ratio? Presumably, assistance will come in different tranches, so any group company's activity might at various times fall on either side of any category that the right hon. Gentleman has in mind, and any assistance might be for a specific project in different tranches. Does he not feel that his amendment would over-complicate what he is trying to achieve? Will he detail precisely how he thinks it would operate?
Water Industry (Financial Assistance) Bill
Proceeding contribution from
Mark Field
(Conservative)
in the House of Commons on Wednesday, 14 March 2012.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Water Industry (Financial Assistance) Bill.
Type
Proceeding contribution
Reference
542 c285-6 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 16:09:26 +0000
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