HC Deb 19 February 1987 vol 110 cc740-1W
Mr. Steen

asked the Secretary of State for the Environment what criteria he uses in determining asset disposal targets for the New Towns Commission.

Mr. John Patten

For housing and land for housing development, disposal targets are set following discussions of the Commission's forecasts between the commission and the Department. Targets for disposal of industrial and commercial property and of other assets are set following a review by the Department (with advice from independent property consultants) of the commission's disposals programme and analysis of future prospects.

Mr. Steen

asked the Secretary of State for the Environment what were the targets set by him for asset disposals and the amount realised by the New Towns Commission during the last five years.

Mr. John Patten

Targets for capital receipts and outturn achieved by the Commission for the New Towns in the years 1981–82 to 1985–86 are as follows (£ million):

Receipts target Outturn
1981–82 76.6 60.3
1982–83 44.1 49.6
1983–84 46.6 51.2
1984–85 40.2 55.8
1985–86 84.4 95.0