§ The Earl of Shrewsburyasked Her Majesty's Government:
What criteria have to be satisfied by management buy-ins and buy-outs in order to qualify to apply for government assistance.
§ The Minister of State, Department of Social Security (Lord Mackay of Ardbrecknish)It is for vendor departments to decide, case by case, whether to give financial support for the preparation of a buy-out or buy-in bid from existing management where this would add to the competition for the sale of the business concerned.