Asked by: Nick Hurd (Conservative - Ruislip, Northwood and Pinner)
Question to the Attorney General:
To ask the Attorney General, pursuant to the Answer of 17 September 2015 to Question 10237, when he expects to publish proposals for the future of the National Debt Fund.
Answered by Jeremy Wright
I refer my Hon. Friend to my Answer of 17 September 2015. Work is on-going on the possible application to the court for directions on the future of the National Fund, consistent with its object of extinguishing or reducing the national debt. I am also continuing to consider other options. I will update my Hon. Friend as soon as I can.
Asked by: Nick Hurd (Conservative - Ruislip, Northwood and Pinner)
Question to the Attorney General:
To ask the Attorney General, what progress he has made on discussions about the future of the National Debt Fund charity; and what steps he is taking to secure legal approval to change the charitable objects of that charity and remove the requirement on it to pay off the whole national debt.
Answered by Jeremy Wright
Options are being considered for the future of the Fund, consistent with its object of extinguishing or reducing the national debt. A proposal will be set out in due course.
Asked by: Nick Hurd (Conservative - Ruislip, Northwood and Pinner)
Question to the Attorney General:
To ask the Attorney General, whether it is his policy to facilitate the transfer of funds of the National Debt Fund Charity to the Treasury in a manner that is consistent with the charitable objectives of the National Debt Fund.
Answered by Jeremy Wright
Options are being considered for the future of the Fund, consistent with its object of extinguishing or reducing the national debt. A proposal will be set out in due course.