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New PFI employee rule.

Series: Contract Journal ; 399(6235) 21 July 1999, 1(1)Publication details: 1999Subject(s): Summary: The Treasury has ruled that ancillary staff such as cleaners, porters and cooks will no longer have to transfer to the private sector under a private finance initiative (PFI) deal. This is a result of the Treasury's adoption of the Accounting Standards Board's rules on PFI deals which allow the separation of the 'soft services' from the rest of the deal.
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News article London News article WB3528-29 (Browse shelf(Opens below)) 1 Available 102288-1001

The Treasury has ruled that ancillary staff such as cleaners, porters and cooks will no longer have to transfer to the private sector under a private finance initiative (PFI) deal. This is a result of the Treasury's adoption of the Accounting Standards Board's rules on PFI deals which allow the separation of the 'soft services' from the rest of the deal.