HC Deb 24 July 1991 vol 195 cc609-10W
Mr. Pendry

To ask the Chancellor of the Exchequer further to his answer of 15 July,Official Report, column 44, if he will make it his policy to place in the Library a copy of the trust deed setting up the Foundation for Sport and the Arts, schedules of decisions taken at each meeting of the Sport and Arts Foundation, and a copy of the auditor's annual report on the foundation, once each is published.

Mr. Mellor

As my answer of 15 July at column44 made clear, the auditors' annual report on the foundation will be submitted to the Minister for Sport, not to the Treasury. I understand, however, from my hon. Friend, that he does intend to place a copy in the Library. Whether of not the trust deed should be deposited in the Library and the exact form in which the trustees' decisions will be recorded and made public are, of course, matters which can be decided only once the foundation is formally established.

Mr. Pendry

To ask the Chancellor of the Exchequer if he will make a statement on progress towards establishing the Foundation for Sport and the Arts.

Mr. Mellor

Good progress has been achieved in establishing the Foundation for Sport and the Arts. All three members of the Pools Promoters Association—Littlewoods, Vernons and Zetters—have announced their participation; clauses have been adopted in the Finance Bill to give effect to the reduction in pool betting duty proposed in the Chancellor's Budget speech; the promoters will soon be announcing the names of the chairman and trustees; and the foundation will begin to receive an income next month, following the start of the 1991–92 football season.

Mr. Ken Hargreaves

To ask the Chancellor of the Exchequer, pursuant to the answer to the hon. Member for Liverpool, Mossley Hill (Mr. Alton) of 17 June,Official Report, column 9, whether the trustees to the Foundation for Sport and the Arts have been appointed; and if he will make a statement.

Mr. Mellor

I understand that the members of the Pools Promoters Association are close to completing the task of selecting trustees for the Foundation for Sport and the Arts and that they will be making an announcement shortly.

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