§ Mr. Ripponasked the Chancellor of the Exchequer whether he will seek to establish a capital fund into which 399W the proceeds of the sale of Government assets will be placed in order to ensure that capital assets will not be used to defray current expenditure.
§ Mr. Lawson[pursuant to his reply, 12 July 1983, c. 302]: Proceeds from the sale of Government assets forming part of the privatisation programme are credited to special sales of assets and displayed separately in the public expenditure White Paper. Proceeds from the sales are used in accordance with the Government's overall economic strategy, and I do not think it necessary or appropriate to set up a separate capital fund.