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Companies: Finance

Question for Department for Business, Energy and Industrial Strategy

UIN 105198, tabled on 14 September 2017

To ask the Secretary of State for Business, Energy and Industrial Strategy, what checks his Department carries out to ensure that dividends paid by companies do not exceed their distributable reserves.

Answered on

12 October 2017

The Department is not responsible for carrying out checks on dividends paid by companies to ensure that they do not exceed their distributable reserves.

Answered by

Department for Business, Energy and Industrial Strategy