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answer › answer text	%3Cp%3EThe special share will be held by an independent company %E2%80%93 the Green Purposes Company Limited%2C with trustees who have been selected independently of Government and of the Green Investment Bank %28GIB%29. The independent trustees will have the right to approve or reject any proposed change to the green purposes of GIB%2C as set out in the company%E2%80%99s Articles of Association%2C if such a change were ever proposed.%3C%2Fp%3E%3Cp%3E %3C%2Fp%3E%3Cp%3EGIB is being sold as a going concern and potential investors will be buying into the company%E2%80%99s green business plan and forward pipeline of projects.%3C%2Fp%3E%3Cp%3E %3C%2Fp%3E
tabling member constituency	Aberdeen South
answer › answering member constituency	Ruislip%2C Northwood and Pinner

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

672217

registered interest

date

12/01/2017

answering body

Department for Business, Energy and Industrial Strategy

answering dept id

201

answering dept short name

Business, Energy and Industrial Strategy

answering dept sort name

Business, Energy and Industrial Strategy

hansard heading

Green Investment Bank: Assets

house id

legislature

25259

pref label	House of Commons

question text

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the Government plans for a golden share in the Green Investment Bank will enable it to influence decisions on the (a) sale of existing assets and (b) reinvestment of capital in green projects after the disposal of those assets.

tabling member constituency

Aberdeen South

tabling member printed

Callum McCaig

uin

59777

answer

is ministerial correction

date of answer

17/01/2017

answer text

The special share will be held by an independent company – the Green Purposes Company Limited, with trustees who have been selected independently of Government and of the Green Investment Bank (GIB). The independent trustees will have the right to approve or reject any proposed change to the green purposes of GIB, as set out in the company’s Articles of Association, if such a change were ever proposed. GIB is being sold as a going concern and potential investors will be buying into the company’s green business plan and forward pipeline of projects.

answering member constituency

Ruislip, Northwood and Pinner

answering member printed

Mr Nick Hurd

question first answered

17/01/2017 16:38:35

answering member

1561

label	Biography information for Mr Nick Hurd

tabling member

4364

label	Biography information for Callum McCaig