§ 80. Mr. Gregor Mackenzieasked the Minister of Aviation how often the rents charged to car parking contractors on 101W Government airports are reviewed; and if in the course of such reviews note is taken of annual profits of such contractors.
§ Mr. StonehouseCar parking concessions, which are usually for a period of three years, are leased by competitive tender and under these arrangements the concessionaire pays the Ministry a percentage of his gross receipts subject to a guaranteed annual minimum. As the percentage taken by the Ministry is not fixed but increases as receipts increase, the payment is adjusted annually. When concessions are let attention is paid to the likely profit of the concessionaire.