HC Deb 13 July 1989 vol 156 c633W
Dr. Cunningham

To ask the Secretary of State for the Environment if he will give details of the remuneration for each of the board members of the regional water authorities after vesting, along with any other benefits to be given.

Mr. Ridley

Under the Water Act 1989 all current appointments to water authority boards will end at vesting. Executive and non-executive directors of the successor companies will be appointed at vesting and through to flotation on essentially their existing terms and conditions as water authority board members or officers. Remuneration following flotation will be a matter for the companies themselves.