Stephen Kinnock – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Stephen Kinnock on 2016-06-07.

To ask the Secretary of State for Business, Innovation and Skills, whether account is being taken in the proposed sale of the Land Registry of whether interested bidders are based in tax havens; what assessment his Department made in the awarding of such contracts of the competitive advantage given to companies based in tax havens; and what recent discussions he has had with his Ministerial colleagues on banning companies based in tax havens from purchasing assets sold during privatisations.

Anna Soubry

No decision on the future of Land Registry has been taken and as such, no bids have been received. The consultation on moving operations of Land Registry to the private sector closed on 26 May and Government are currently reviewing the responses. Until this is completed, no decision will be made.