HC Deb 13 January 1977 vol 923 cc577-8W
Mr. Shersby

asked the Secretary of State for Trade if he is satisfied that the funds accruing to the Air Travel Reserve Fund from the 2 per cent. levy on holidays is sufficient to meet possible claims; and if he has any plans for reducing the levy during 1977.

Mr. Meacher

I would refer the hon. Member to my reply to the hon. and learned Member for Leicester, West (Mr. Janner) on 23rd December.

Mr. Shersby

asked the Secretary of State for Trade (1) if he will publish in the Official Report details of the amount paid out of the Air Travel Reserve Fund in respect of claims for the period since the establishment of the fund to 31st December 1976;

(2) what was the total sums of money accruing to the Air Travel Reserve Fund for the period since its inception to 31st December 1976.

Mr. Meacher

I would refer the hon. Member to the reply given to the hon. and learned Member for Leicester, West (Mr. Janner) on 23rd December. The agency's report and statement of account will be submitted to the Secretary of State and laid before the House as required by the Air Travel Reserve Fund Act 1975.