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Chamber and committees

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 5 May 2021
  6. Current session: 12 May 2021 to 4 May 2025
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Displaying 707 contributions

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Economy and Fair Work Committee

Glasgow Prestwick Airport

Meeting date: 6 December 2023

Gordon MacDonald

I will ask the same question as I asked the previous panel. My concern is that, if you look at the net asset value of the holding company, it has a net liability of £14 million. However, Prestwick Airport Ltd cross-subsidises the airport operation, which is loss making. Prestwick Airport Ltd has a value of £30 million. How will you attract a buyer when there is no value in the airport and it operates at a loss?

Economy and Fair Work Committee

Just Transition (North-east and Moray)

Meeting date: 29 November 2023

Gordon MacDonald

Thanks very much.

Economy and Fair Work Committee

Bankruptcy and Diligence (Scotland) Bill: Stage 1

Meeting date: 29 November 2023

Gordon MacDonald

My last question relates to interest. I understand that a recent court case suggests that, where a bankruptcy is recalled, the law has been left in a bit of a state of flux, because interest may or may not be payable. Again, the Law Society and ICAS have asked for that to be reviewed and have suggested a six-month period, after which interest can be charged. What is the Government’s view on that?

Economy and Fair Work Committee

Bankruptcy and Diligence (Scotland) Bill: Stage 1

Meeting date: 29 November 2023

Gordon MacDonald

Okay; thanks.

Economy and Fair Work Committee

Just Transition (North-east and Moray)

Meeting date: 29 November 2023

Gordon MacDonald

I want to ask you about a couple of comments in section 5.1 of your report, which is entitled

“Path dependency: what are we transitioning to?”

In that section, you refer to

“an academic/third sector consortium”

that said that there was a difficulty in breaking

“the path dependency between economic development and oil and gas related industries”,

with

“considerable resistance to doing so from companies, governments and communities, largely due to concerns and uncertainties over costs and impacts.”

You also quote the chief executive of Aberdeen and Grampian Chamber of Commerce, who said:

“no one is going to come in and pick up things like floating offshore wind, hydrogen, carbon capture, etcetera, because right now it is not commercially viable.”

How do we ensure a just transition? How do we manage the move from oil and gas to renewables? What support is required from either the Scottish or UK Government?

Economy and Fair Work Committee

Just Transition (North-east and Moray)

Meeting date: 29 November 2023

Gordon MacDonald

Good morning. You might be pleased to know that I will not ask you about data. I want to ask about some of the points that were made in the report “Just Transition for Workers and Communities in Aberdeen and Aberdeenshire: Rapid Evidence Review”. Section 4.6 is titled “Lack of local control”. It says:

“during the key early years of North Sea development ‘the goal of local capability-building was a secondary consideration’.”

Later in that section, it says:

“In its early phase ... oil development was dominated by externally owned companies.”

What lessons should we learn from the early days of the oil industry to ensure that we achieve a just transition? Why is local control important?

Economy and Fair Work Committee

Bankruptcy and Diligence (Scotland) Bill: Stage 1

Meeting date: 29 November 2023

Gordon MacDonald

I also want to raise the issue of the discharge of trustees. Currently, there is no automatic discharge. Where a debtor is either uncontactable, unco-operative or just cannot be found, that can result in a trustee being in post indefinitely. If the trustee is an insolvency practitioner, it can mean that there are on-going charges that eat into the money that is available for creditors. Both the Institute of Chartered Accountants of Scotland and the Insolvency Practitioners Association have called for a solution to the issue. What is the Government’s view on the automatic discharge of trustees?

Economy and Fair Work Committee

Bankruptcy and Diligence (Scotland) Bill: Stage 1

Meeting date: 29 November 2023

Gordon MacDonald

The other issue that came up was extending the timescales for serving a bankruptcy petition, where it is difficult to find the debtor or the person lives quite far away from the central belt, where a lot of the sheriff officers are based. Is that something that the Government is looking at?

Economy and Fair Work Committee

Bankruptcy and Diligence (Scotland) Bill: Stage 1

Meeting date: 29 November 2023

Gordon MacDonald

James Clelland, do you have anything to add?

Economy and Fair Work Committee

Bankruptcy and Diligence (Scotland) Bill: Stage 1

Meeting date: 29 November 2023

Gordon MacDonald

A number of issues about bankruptcy reform have come up during the committee’s stage 1 inquiry into the bill.

The first relates to minimal asset process bankruptcy. A number of organisations, including Citizens Advice Scotland, have called for that to happen more regularly. Currently, a person can apply for that form of bankruptcy once every 10 years, but there has been a suggestion that that should be reduced to once every five years, in line with the limit for full administrative bankruptcy. What is the Government’s view on that?