HC Deb 07 May 1968 vol 764 c60W
Sir C. Osborne

asked the Minister of Transport when he intends to introduce legislation to deal with the financial structure of the Port of London Authority, in view of the fact that its annual debt is now £1;600,000, or £3,600,000 if depreciation replacement costs are included.

Mr. Carmichael

The Port of London Authority are an independent statutory body. The 1967 deficit was in part due to exceptional circumstances in that year, and the Authority are working to plans which should enable them to achieve viability within the next three years.