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1079620
star this property registered interest false more like this
star this property date less than 2019-03-01more like thismore than 2019-03-01
star this property answering body
Attorney General more like this
star this property answering dept id 88 more like this
star this property answering dept short name Attorney General more like this
star this property answering dept sort name Attorney General more like this
unstar this property hansard heading National Fund more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government whether the Attorney General’s application to the High Court to release the assets of the National Fund has now been concluded; and if so, how those assets are shown in HM Treasury’s accounts. more like this
star this property tabling member printed
Baroness Hayter of Kentish Town more like this
star this property uin HL14162 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-03-14more like thismore than 2019-03-14
star this property answer text <p>The National Fund was set up by a trust deed in 1928. The Fund is held on trust for the purpose of reducing the National Debt. According to expert evidence, there is no realistic prospect of the Fund ever amounting to a sum sufficient to pay off the whole of the National Debt.</p><p>The application made by the then Attorney General to the High Court on 22nd May 2018, to release the assets of the National Fund in order to pay down national debt, has not yet concluded. In February 2019 the High Court Listing Officer allocated a three day hearing during a five day window starting on 18 November 2019.</p> more like this
star this property answering member printed Lord Keen of Elie more like this
star this property question first answered
remove filter
star this property answering member
4538
star this property label Biography information for Lord Keen of Elie more like this
star this property tabling member
4159
star this property label Biography information for Baroness Hayter of Kentish Town more like this