HC Deb 27 March 1996 vol 274 cc609-10W
Dr. Goodson-Wickes

To ask the Chancellor of the Exchequer what guidelines the Government have produced in relation to prospectuses for privatisation of public utilities. [20693]

Mr. Jack

[holding answer 25 March 1996]: At the time of an initial or subsequent offer, the Government, as seller of the shares, and the company concerned, as issuer of the shares to be sold, are subject to the same legal and regulatory framework as other vendors or issuers. There are no guidelines relating specifically to the prospectuses for offers of shares in privatisations.