HC Deb 31 October 1986 vol 103 cc275-6W
Mr. Cartwright

asked the Secretary of State for the Environment what valuation has been placed on the lands and buildings at Thamesmead by the London residuary body; on what basis the valuation was carried out; and what arrangements are to be made for the payments from Thamesmead Town Ltd.

Mr. Chope

The parties are negotiating the terms of transfer, including the arrangements for payments, informed by a valuation produced by the district valuer. It will not be helpful to release details at this stage.

Mr. Cartwright

asked the Secretary of State for the Environment when he now expects responsibility for Thamesmead to be transferred from the London residuary body to Thamesmead Town Ltd.

Mr. Chope

I understand that the chairmen of the London residuary body and Thamesmead Town expect responsibility to transfer on 1 January 1987.