HC Deb 21 April 1989 vol 151 c313W
Mr. Pike

To ask the Secretary of State for Education and Science if he proposes to review the method of assessing potential income from disposal of assets when making future capital allocations.

Mrs. Rumbold

From April 1990 the proposed new system of local authority capital finance, as outlined in the Local Government and Housing Bill, will allow Ministers, when determining annual capital guidelines and corresponding credit approvals, to take into account the ability of individual authorities to spend from their capital receipts.