When the Minister was answering on Amendment 42, I think that she confirmed the existence of the loophole that I had pointed out, so I will just ask her a direct question. If someone whose stake was, say, 30% managed to structure it so that it was 19% and debt, then that debt was subsequently rejigged to bring us back above the 20% threshold, should that person be treated as associated or not?
Nuclear Energy (Financing) Bill
Proceeding contribution from
Lord Vaux of Harrowden
(Crossbench)
in the House of Lords on Tuesday, 8 March 2022.
It occurred during Debate on bills
and
Committee proceeding on Nuclear Energy (Financing) Bill.
Type
Proceeding contribution
Reference
819 c434GC
Session
2021-22
Chamber / Committee
House of Lords Grand Committee
Subjects
Librarians' tools
Timestamp
2024-01-05 14:27:11 +0000
URI
http://hansard.intranet.data.parliament.uk/Lords/2022-03-08/22030875000018
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