1.24 The Department told us that by acting as a responsible shareholder in NATS, they and the Treasury were concerned not to set unhelpful precedents for the Company, its banks, regulator or the other shareholders by weakening future incentives on the Company to perform. The basic structure of the PPP, particularly incentive-based price regulation, has been maintained and the Government declined to commit themselves to being prepared to inject new shareholder funds until the Company itself had demonstrated that it had done all it could to resolve its difficulties (described in more detail in Part 3), including seeking a new investor.