§ 30. Mr. ClaphamTo ask the President of the Board of Trade when it is expected that Nuclear Electric will be able to meet the full cost of its liabilities. [7919]
§ Mr. EggarThe major part of Nuclear Electric's liabilities are in respect of long-term provisions for nuclear fuel reprocessing, waste management and decommissioning costs, a substantial part of which will not fall due for payment for a considerable number of years. After the privatisation of British Energy, the Government will ensure that Magnox Electric has sufficient assets to meet its liabilities as they fall due.