Former Labour MSP for Cunninghame North
Payment of RSA is usually paid in instalments and only after capital expenditure and job targets are met. Before final grant payment, claims confirming achievement of targets certified by an accountant independent from the company are required.
There is no strict legal definition of the term "phoenix companies". Each application for RSA is assessed on its own merits, against all of the scheme criteria. In assessing applications we consider a range of information including the background experience of key personnel.
We do not maintain records of this type.
Former Labour MSP for Cunninghame North
Entered the Scottish Parliament on 6 May 1999 — Election
Left the Scottish Parliament on 2 April 2007 — Election
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