United Kingdom · Question · Written question
UIN 54190
Aviation: Coronavirus
Introduced
3 June 2020
Last action
8 June 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Aviation
Source updated
8 June 2020
Summary
To ask the Secretary of State for Transport, whether he plans to prevent (a) share buybacks, (b) the payment of dividends and (c) capital contributions from the date of Government loans to UK aviation companies until 12 months after those loans have been
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Timeline
3 June 2020
Written question
To ask the Secretary of State for Transport, whether he plans to prevent (a) share buybacks, (b) the payment of dividends and (c) capital contributions from the date of Government loans to UK aviation companies until 12 months after those loans have been
Source: Commons
8 June 2020
Answer
Bespoke financial support will only be considered as a last resort, once all other options have been exhausted.Terms for any bespoke financial support would be structured to protect taxpayers’ interest, and the Government would expect to have regard to fa...
Source: Written answer
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Sponsors
- · Department for Transport · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-06-03/54190
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1200116
- uk · wq-1200116 · source updated 8 June 2020