HC Deb 26 May 1966 vol 729 cc165-6W
Mr. Awdry

asked the Minister of 'Transport what net return she proposes to require the London Transport Board to make on its average net assets after depreciation but before interest.

Mr. John Morris

It would be inappropriate to fix a new financial target of the kind the hon. Member suggests in the Board's present circumstances. My right hon. Friend intends to review their budgets each year before submitting Estimates for payment of grant under the limits proposed in the Transport Finances Bill.

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