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Company Directors (Disqualification)

Volume 202: debated on Tuesday 28 January 1992

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To ask the Secretary of State for Wales what is his policy on granting financial or other assistance to companies whose directors have been disqualified under section 216 of the Insolvency Act 1986.

Applications for assistance from such companies would be accepted for appraisal in the normal manner, with particular care being paid to the quality of management and the future viability of the company concerned.