Conclusions and recommendations
1. We
are at a loss to understand the rationale for the behaviour by
the Treasury in changing the application of the rules with regard
to the MRC's Commercial Fund and request an explanation. (Paragraph
5)
2. We expect to receive
quarterly updates, beginning in March 2008, on the development
of the project with particular reference to the concerns highlighted
above from the MRC and DIUS and would much welcome similar briefings
from the other partners. (Paragraph 13)
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