HC Deb 20 May 2002 vol 386 c128W
Chris Grayling

To ask the Secretary of State for Transport, Local Government and the Regions who the shareholders are in Network Rail; and what obligations it has to report to the Strategic Rail Authority. [57292]

Mr. Jamieson

Network Rail was incorporated on 22 March 2002 as a private company limited by guarantee. As such, it has no shareholders. At present, Network Rail is a bidder to succeed Railtrack plc as network operator and has no obligations to report to the Strategic Rail Authority.