§ Mr. Tony BanksTo ask the Prime Minister, pursuant to his answer of 22 February,Official Report, column 162, what happens to moneys raised from the sale of official gifts received by recent Prime Ministers.
§ The Prime Minister[holding answer 9 March 1994]: Gifts of small value are the property of the Prime Minister; the use of the proceeds from the sale of any such items is therefore a matter for the Prime Minister of the day to determine. Both my predecessor and I have made it our practice to donate all proceeds to charity. If any gifts from the official inventory were sold, the proceeds would accrue to official funds.