§ Mr. Wigley
asked the Secretary of State for the Environment if he will seek to amend the Water Act 1973 in order to 258W provide that central Government take over all historic debt interest charges of the new water authorities, incurred prior to 1st April 1974.
§ Mr. John Silkin:
No. Such a measure would amount to a large Government subsidy and I do not believe that this is desirable.