HC Deb 18 February 1985 vol 73 c366W
Mr. Snape

asked the Secretary of State for Transport (1) how he calculated the sum of £258,179,588 specified in the London Regional Transport (Amendment) Bill;

(2) what items that the Greater London Council was charged for under the order arising from section 49 of the London Regional Transport Act 1984, will not be included in calculating the sum specified in the London Regional Transport (Amendment) Bill.

Mr. Ridley

I refer the hon. Member to the full explanation I gave the House during the debate on the Ways and Means Resolution on 7 February.

Mr. Snape

asked the Secretary of State for Transport whether he expects the implementation of the London Regional Transport (Amendment) Bill to create a surplus for London Regional Transport during the financial year 1984–85.

Mr. Ridley

The amount specified in the bill will not be more than sufficient to provide LRT with reserves to meet its 1984–85 leasing commitments and other liabilities accruing at the end of the year.

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