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909367
registered interest false more like this
date less than 2018-05-22more like thismore than 2018-05-22
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading National Fund more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will make an assessment of the potential merits of appointing a small group of fund managers to oversee the National Fund to ascertain its growth potential over the next 25 years. more like this
tabling member constituency East Londonderry more like this
tabling member printed
Mr Gregory Campbell more like this
uin 146772 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-06-04more like thismore than 2018-06-04
answer text <p>The National Fund is a charitable trust set up in 1928 for the purpose of accumulating income sufficient to discharge 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> </p><p>The Attorney General has applied to the High Court for the National Fund to be released, with the proceeds used for reducing the National Debt. This use of the funds is in keeping with the fund’s original intention. It is for the High Court to determine the Attorney General’s application.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2018-06-04T12:29:28.183Zmore like thismore than 2018-06-04T12:29:28.183Z
answering member
4051
label Biography information for John Glen remove filter
tabling member
1409
label Biography information for Mr Gregory Campbell more like this