§ Mr. Mikardoasked the Secretary of State for the Environment, pursuant to the answer of 27 January, Official Report, column 169, concerning the price of land to be sold to the Canary Wharf Consortium by the London Docklands Development Corporation, what factors, other than land price, will be taken into account in assessing the terms of the agreement overall; whether the consideration of other factors excludes acceptance of a price below the market value of land in the enterprise zone; if he will list all the previous occasions on which land for which he has any responsibility has been sold at a price below the market value as a result of priority being given to other factors involved in the transaction; and if he will make a statement.
§ Mr. John PattenI shall answer this question shortly.