Foreign Companies: Property

(asked on 1st March 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty’s Government, further to the Written Answers by Baroness Neville-Rolfe on 25 February (HL5950 and HL6117), when their consultations, if any, on amending the rules of property ownership will commence.


Answered by
Baroness Neville-Rolfe Portrait
Baroness Neville-Rolfe
Minister of State (Cabinet Office)
This question was answered on 9th March 2016

A discussion paper on proposals to require foreign companies to provide beneficial ownership information when purchasing or owning property or bidding for public contracts was published on Friday 4 March.

The document has been published here: www.gov.uk/government/consultations/property-ownership-and-public-contracting-by-foreign-companies-improving-transparency and copies of the discussion paper have been placed in the libraries of both Houses.

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