HC Deb 23 July 1975 vol 896 c208W
18. Mr. Newens

asked the Secretary of State for the Environment if he will make a statement on the future use of surpluses accruing to new town corporations, indicating whether or not any change envisaged will affect the level of new town rents.

Mr. John Silkin

Any changes of policy on the use of such surpluses would derive from the current review of new towns policy generally. For the meantime surpluses will be recovered for the Exchequer as appropriate under present legislation and rents charged by development corporations will not be affected by this.