HC Deb 12 April 2002 vol 383 c626W
Mr. Hopkins

To ask the Secretary of State for Transport, Local Government and the Regions what the cost is to the Department of writing off the over-hanging debt for local authorities transferring their housing stock to RSLs in(a) the current year and (b) each of the past five years; and what the projected cost is in (i) 2002–03 and (ii) 2003–04. [46363]

Ms Keeble

[holding answer 26 March 2002]: The overhanging debt payments made to date are £21 million in 1999–2000 and £256 million in 2000–01. No payments were made in 2001–02. The projected costs are £500 million in 2002–03 and £800 million in 2003–04. These are estimates and are likely to change as details of transfer proposals are finalised.