§ Mrs. MayTo ask the Secretary of State for Transport, Local Government and the Regions what guidance he has issued to the SRA in respect of the creation of special purpose vehicles for rail projects; and if he will place it in the Library. [42838]
§ Mr. Byers[holding answer 12 March 2002]: On 29 June 2001 I issued draft Directions and Guidance to the Strategic Rail Authority (SRA). These would direct the SRA to consider the use of Special Purpose Vehicles to undertake rail infrastructure works (section 8.2) and require the SRA to detail in its strategy how and by when such projects will be introduced (section 7.4). A copy was placed in the House Library at the time of their publication.