§ 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. 
§ 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.