§ Mr. Wareingasked the Secretary of State for the Environment what proposals have been made by his Department in respect of borrowing by the Merseyside residuary body.
§ Mrs. RumboldThe Merseyside residuary body has requested borrowing consent for various purposes. My right hon. Friend the Secretary of State has approved the payment of staff compensation costs, the recreation of those balances by Merseyside county council which were internally lent by the outgoing council, and the refinancing of debt inherited from Merseyside county council as purposes for which the residuary body may borrow in 1986–87. Other requests are being considered.
§ Mr. Wareingasked the Secretary of State for the Environment what subjects his Department has discussed with the Merseyside residuary body since its inception.
§ Mrs. RumboldThe Department's officials have met members and officers of the Merseyside residuary body on numerous occasions to discuss matters relating to its functions, including property and finance. My noble Friend has also held meetings from time to time with the chairman of all the residuary bodies.