HC Deb 22 January 1969 vol 776 c130W
Mr. Macdonald

asked the Minister of Transport how any deficits on the London Transport Board's revenue account arising between 1st January, 1969, and vesting date under the Transport (London) Bill, will be met.

Mr. Marsh

Powers are being taken in the Transport (London) Bill for me to meet any deficit arising between 1st January, 1969, and vesting date. Provision for meeting these deficits will be made in the Civil Estimates for 1969–70, which will be presented to the House next month. In the meantime, any necessary payments will be financed from the Civil Contingencies Fund.