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Rover Sale

Volume 170: debated on Wednesday 28 March 1990

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To ask the Secretary of State for Trade and Industry if he will list the dates in 1988 and those present when the tax arrangements governing the sale of Rover were discussed.

[holding answer 12 March 1990]: I understand that tax aspects of the sale of the Government shareholding in the Rover Group to British Aerospace were the principal subject discussed at the following meetings held in 1988:

DateOrganisations represented
29 FebruaryDTI and Inland Revenue
8 MarchDTI, Inland Revenue, Baring Brothers and Slaughter & May
10 MarchInland Revenue, Baring Brothers and Slaughter & May
24 MarchDTI, Inland Revenue, British Aerospace, Slaughter & May, Peat Marwick McLintock and Linklaters & Paines
28 MarchInland Revenue, British Aerospace, Rover Group, Slaughter & May, Peat Marwick McLintock, Linklaters & paines and Ashurst Morris Crisp
DateOrganisations represented
28 AprilInland Revenue and Slaughter & May
29 JuneDTI, Inland Revenue, Her Majesty's Treasury, Rover Group, British Aerospace, Slaughter & May, Peat Marwick McLintock and Linklaters & Paines
6 JulyDTI, Inland Revenue, British Aerospace, Slaughter & May, Linklaters & Paines, Peat Marwick McLintock