§ Mr. Tony Banksasked the Secretary of State for the Environment if he intends to arrange for all the surplus accruing from the disposal of Greater London council properties to be distributed to the London boroughs.
§ Mr. TraceyIn general proceeds from the sale of surplus property will pass to London boroughs or other successor authorities. Some will, however, pass to a charitable trust to be established under section 49 of the Local Government Act 1985.