HC Deb 10 February 1993 vol 218 c649W
Mr. French

To ask the Secretary of State for the Environment if he will set out the methodology for the future treatment of accumulated local authority debt, in circumstances where an authority ceases to exist as a result of local government reorganisation.

Mr. Robin Squire

I would expect the assets and liabilities of such local authorities to be transferred to successor authorities, as in previous reorganisations of local government. But the detailed financial implications of reorganisation are still under consideration.