Kevin Brennan – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Kevin Brennan on 2016-01-29.

To ask the Secretary of State for Business, Innovation and Skills, which provisions of the Regulatory Reform Act 2013 need to be removed in order to achieve balance sheet reclassification for the purposes of privatisation of the Green Investment Bank.

Anna Soubry

The Government’s proposals to amend and repeal provisions in the Enterprise and Regulatory Reform Act 2013 relating to UK Green Investment Bank plc (GIB) are contained in clause 30 of the Enterprise Bill. The Government has explained the background to these proposals in paragraphs 62 – 73 of our November 2015 policy statement on the future of GIB which can be found on the GIB pages of the GOV.UK website.