– Scottish Parliament written question – answered on 29th March 2007.
Question S2W-32565
To ask the Scottish Executive what checks are carried out to establish whether applications for Regional Selective Assistance are from "phoenix companies".
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.
Yes2 people think so
No0 people think not
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