TRUST FOR LONDON

HL Deb 12 November 1985 vol 468 cc258-9WA

Baroness Faithfull

asked Her Majesty s Government:

When they expect to be able to announce the arrangements for administering the proposed new Trust for London and if they will make a statement.

The Minister of State, Department of the Environment (Lord Elton)

The Trustees of the City Parochial Foundation (CPF) have accepted the invitation of the Secretary of State for the Environment 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 31st 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, other charitable trusts and local authorities. These matters will be considered by the trustees in the course of 1986.