HC Deb 14 December 1988 vol 143 c621W
56. Mr. Livsey

To ask the Secretary of State for the Environment how he intends to value the assets of water authorities prior to privatisation; and if he will make a statement.

Mr. Moynihan

The Department is discussing with representatives of the water authorities what new valuation work should be undertaken in connection with the preparation of prospectuses. No decision has yet been taken.