§ Mr. WellsTo ask the Secretary of State for Transport what action the Government are taking to address the depletion of the air travel trust fund revealed in the ATT annual report and accounts.
§ Mr. MacGregorThe Government intend to legislate, when parliamentary time allows, to allow the Air Travel Trust fund to be replenished.
In the meantime, I have laid a minute informing Parliament of my proposal to grant a guarantee to enable the fund to borrow to meet its obligations.