High Court to decide on RAC sale
03/07/1998 in NEWS
Clause 4 would prevent the RAC's would-be owner, Cendant, from taking any profit. It would also stop directors of the RAC receiving any windfall. It also prevents anyone receiving income from the rescue service other than the six million RAC rescue service members. Clause 5 prevents any changes to this clause.
A court hearing will decide whether or not the two clauses can be dropped and it will also decide whether to approve an additional clause that would allow 'expedient' donations.