HC Deb 17 October 2002 vol 390 cc907-8W
Mr. Yeo

To ask the Secretary of State for Trade and Industry (1) when she expects to present her proposals for the restructuring of British Energy to the European Commission; [74379]

(2) When she expects to receive the plans for the restructuring of British Energy required under European Union rules governing state aids. [74380]

Ms Hewitt

The Community Guidelines on state aid for rescuing and restructuring firms in difficulty require proof of the repayment of the loan, or termination of the loan guarantee, or the submission of a restructuring or liquidation plan to the Commission within six months of authorisation of the rescue aid measure, subject to extension by the Commission. The UK has indicated to the Commission that it will communicate with it within the timescales required by the Guidelines.

Mr. Yeo

To ask the Secretary of State for Trade and Industry if she will make a statement on her Department's policy towards the sale of British Energy's North American assets. [74375]

Ms Hewitt

No decisions have been taken and no commitments given on British Energy's long term future at this time.