Commission's Assets

HC Deb 30 April 1958 vol 587 cc34-5W

46. Mr. Page

asked the Minister of Transport and Civil Aviation whether he will initiate legislation to oblige the British Transport Commission to sell all its assets other than the permanent way and signalling apparatus, and for Her Majesty's Treasury thereafter to maintain the latter upon some basis similar to that applying to trunk roads

Mr. Watkinson

No.

47. Mr. Paget

asked the Minister of Transport and Civil Aviation whether he will state an estimated apportionment of the assets of the British Transport Comcission between the permanent way with all signalling apparatus, on the one hand, and all its other assets, on the other hand.

Mr. Nugent

If my hon. Friend has British Railways particularly in mind, Table V-4 of the Commission's 1956 Accounts gives in broad terms the book value of permanent way, buildings, etc. at about £903 million, and that of rolling stock, etc. at about £413 million.