HC Deb 27 January 1986 vol 90 cc768-9

Queen's Recommendation having been signified—

Resolved, That, for the purposes of any Act resulting from the Airports Bill, it is expedient to authorise—

(1) the payment out of money provided by Parliament of the following, namely—

  1. (a) any expenses incurred by the Treasury or the Secretary of State in acquiring securities of the successor company (within the meaning of that Act) or rights to subscribe for any such securities;
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  2. (b) any administrative expenses incurred by the Secretary of State in consequence of the provisions of that Act;
  3. (c) any increase attributable to that Act in the sums payable out of money so provided under any other Act;

(2) the extinguishment of the liabilities of the British Airports Authority to the Secretary of State (other than accrued liabilities) in respect of—

  1. (a) the Authority's commencing capital debt; and
  2. (b) loans to the Authority made, or having effect as if made, under section 6 of the Airports Authority Act 1975;

(3) the payment of any sums into the Consolidated Fund.—[Mr. Lennox-Boyd.]