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1148047
registered interest false more like this
date less than 2019-10-02more like thismore than 2019-10-02
answering body
Department for Transport more like this
answering dept id 27 more like this
answering dept short name Transport more like this
answering dept sort name Transport more like this
hansard heading Air Travel Trust Fund: Insurance more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Transport, what the levels of excess payments are on (a) insurance and (b) reinsurance policies taken out by the Civil Aviation Authority to cover payouts from the Air Travel Trust Fund. more like this
tabling member constituency Plymouth, Sutton and Devonport more like this
tabling member printed
Luke Pollard more like this
uin 293740 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2019-10-07more like thismore than 2019-10-07
answer text <p>The Air Travel Trust Fund (ATT) is the primary source of funding when an ATOL holder fails. The ATT has in place insurance policies that provide the Trust with access to funds in the event of ATOL holder failure(s), where costs arising from refunds and repatriation exceed either £150 million, £70 million or £10 million in a policy year, depending on the size of the failed ATOL holder(s).</p><p> </p><p>The specific terms of the policies are confidential between the ATT and its insurers.</p><p> </p> more like this
answering member constituency Blackpool North and Cleveleys more like this
answering member printed Paul Maynard more like this
question first answered
less than 2019-10-07T16:32:39.457Zmore like thismore than 2019-10-07T16:32:39.457Z
answering member
3926
label Biography information for Paul Maynard more like this
tabling member
4682
label Biography information for Luke Pollard more like this