§ Mr. HardyTo ask the President of the Board of Trade how many employees of British Coal have been removed from their posts on the grounds of conflict of interest where they have been interested in participation in a management buy-out of their colliery; and if those in senior positions within British Coal are deemed to be affected by the same conflict of interest.
§ Mr. Eggar[holding answer 24 June 1994]: This is a matter for British Coal, which has put in place detailed internal guidelines designed to avoid any potential 403W conflicts of interest. These procedures require any manager wishing to participate in a management buy-out to obtain the consent of the chairman of the corporation to do so. I understand that in each case potential conflicts of interest are assessed and appropriate measures put in place.