§ Mr. Heddleasked the Secretary of State for the Environment what plans he has to monitor the efficacy and the method of the transfer of real estate holdings from the Greater London council and the metropolitan county councils to the residuary boards; and what estimates he has made for the stamp duty which will have to be paid in respect of these transfers.
§ Sir George YoungTransfers of real property to the residuary bodies on the abolition of the GLC and MCCs will take place by the authority of Parliament. There will be no continuing process to monitor, and I do not expect any liability for stamp duty to arise.