§ Mr. Maples
asked the Secretary of State for the Environment when he expects to be able to announce the arrangements for administering the proposed new trust for London; and if he will make a statement.
§ Sir George Young
The trustees of the City Parochial Foundation (CPF) have accepted the Secretary of State's invitation to administer the new trust. The trustees envisage administering the trust quite separately from the CPF. It is hoped to have the new trust legally established not later than 31 March 1986.
It will be for the trustees to determine the policies and procedures of the new trust. In doing so, they will doubtless have regard to the present pattern of financial support for voluntary organisations in London and will consider the view of voluntary organisations, other charitable trusts and local authorities. These matters will be considered by the trustees in the course of 1986.