- 25 Sep 2018
Date received: 16 August 2018
Date responded: 12 September 2018
1: the exact amount the Scottish government loaned to "Fergusons Marine" announced in June 2018;
2: the interest rate of that loan;
3: the terms and condition of the loan;
4: the information that would include what the money was ring fenced for? It was described as diversification funding; and
5: what is diversification classed as in the terms and conditions.
I have concluded that the original decision should be confirmed with modification.
I noted that there was an administrative error in the response email that accompanied the original decision which contained an incorrect date for receipt of your original FOI request it referenced the correct FOI but incorrect receipt date of 30 June 2018. The receipt date was correctly referenced on the accompanying letter of decision as 17 July 2018. The holding response and final decision which you received was actually issued outside the statutory deadline for reply. I apologise for these errors and have concluded that they do not change the substance of the reply.
I have reviewed the decision issued to you on 16 August 2018 including the exemption under section 33 (1(b)) of FOISA applied to some of the information you requested and have concluded that this exemption should not apply to all of the terms and conditions of the loan facility and accordingly an updated response together with a copy of the loan terms and conditions with information that is still commercially confidential and exempt under section 33 (1(b)) redacted as it could cause substantial prejudice to commercial interests at this time is below.
The Scottish Government is committed to publishing all information released in response to Freedom of Information requests. View all FOI responses at http://www.gov.scot/foi-responses
Please quote the FOI reference
Central Enquiry Unit
Phone: 0300 244 4000
The Scottish Government
St Andrew's House