§ Mr. Freudasked the Secretary of State for the Environment whether local authorities which sell land or buildings previously used for educational purposes to trusts running city technology colleges will be permitted to retain and use all the proceeds from such sales without penalisation through the rate support grant.
§ Mr. Chope[pursuant to his reply, 27 October 1986, c. 6 9]: Such receipts would be treated in the same way as any other capital receipt.