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1079620
registered interest false remove filter
date less than 2019-03-01more like thismore than 2019-03-01
answering body
Attorney General more like this
answering dept id 88 more like this
answering dept short name Attorney General more like this
answering dept sort name Attorney General more like this
hansard heading National Fund more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
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
tabling member printed
Baroness Hayter of Kentish Town remove filter
uin HL14162 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-03-14more like thismore than 2019-03-14
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
answering member printed Lord Keen of Elie more like this
question first answered
less than 2019-03-14T17:10:09.403Zmore like thismore than 2019-03-14T17:10:09.403Z
answering member
4538
label Biography information for Lord Keen of Elie more like this
tabling member
4159
label Biography information for Baroness Hayter of Kentish Town more like this