Electricity Producers Insurance Company (Hansard, 13 July 1988)

§ Mr. Darling
To ask the Secretary of State for Energy what discussions he had with the chairmen of the Central Electricity Generating Board and the South of Scotland Electricity Board prior to the establishment of the Electricity Producers Insurance company Ltd.

§ Mr. Michael Spicer
The Central Electricity Generating Board informed my Department of its intention to set up the company jointly with the South of Scotland Electricity Board. The decision to set up the company was a commercial matter for the boards.

§ Mr. Darling
To ask the Secretary of State for Energy what proposals he has for the Electricity Producers Insurance company in the light of the proposed privatisation of the electricity industry.

§ Mr. Michael Spicer
That is a matter on which we are consulting the industry.

§ Mr. Darling
To ask the Secretary of State for Energy what information he has as to which electricity boards own shares in the Electricity Producers Insurance company

§ Mr. Michael Spicer
The Central Electricity Generating Board's report and accounts for 1986–87 state on page 11 that the Electricity Producers Insurance company is jointly owned by the board and the South of Scotland Electricity Board.

§ Mr. Darling
To ask the Secretary of State for Energy (1) what information he has as to why the Electricity Producers Insurance company is incorporated in the Isle of Man;
(2) what information he has as to who are the directors of the Electricity Producers Insurance company.

§ Mr. Michael Spicer
These are commercial matters for the Central Electricity Generating Board and the South of Scotland Electricity Board. I have asked the chairman of the Central Electricity Generating Board to write to the hon. Member.