UK Parliament / Open data

Green Investment Bank

Proceeding contribution from Iain Wright (Labour) in the House of Commons on Thursday, 29 October 2015. It occurred during Debate on Green Investment Bank.

That cannot be reconciled with the Government’s intention to get the Green Investment Bank off the national accounts. The Office for National Statistics has criteria for determining whether an entity is on balance sheet or off balance sheet, and those criteria will include a Government right to control via contractual agreements and via regulation such that a unit cannot diversify its activities. The Minister can say that the Government intend, wish and hope, but does he accept that they are impotent on the future operations of the Green Investment Bank?

Type
Proceeding contribution
Reference
601 c232WH 
Session
2015-16
Chamber / Committee
Westminster Hall
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