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Baroness Anelay of St Johns
asked Her Majesty's Government:On what date the New Millennium Experience Company will go into liquidation. [HL1082]
Lord Falconer of Thoroton
The New Millennium Experience Company (NMEC) will appoint a liquidator as soon as the company has been able to realise the whole of its assets and to discharge its outstanding liabilities. It is important on practical grounds, and in the interests of cost effectiveness, that this process is completed to the fullest possible extent before the appointment of a liquidator. Whilst the intention is that a liquidator will be appointed later this year, at this stage it is not possible to give a definitive date for that appointment.