HC Deb 16 November 1992 vol 214 c67W
Mr. Morgan

To ask the President of the Board of Trade (1) if he will specify the proposed means by which revenue equivalent to the 0.3 per cent. European Coal and Steel Community turnover levy will be raised to provide for the expenditure of training ex-coal and steel workers, research and development and job creation;

(2) if he will make a statement on his consultations with his opposite numbers in the European Community on the abolition of, or bringing forward of the date of abolition of, the European Coal and Steel Community levy;

(3) what consultations he has had with his opposite numbers in the European Community concerning the use of the £500 million accumulated in the European Coal and Steel Community turnover levy; and if he will make a statement;

(4) what is his most up-to-date estimate of the date of cessation of levying of the European Coal and Steel Community levy.

Mr. Sainsbury

The last substantive discussions at ministerial level on the European Coal and Steel Community reserves were in April 1991. A further discussion is expected at the Industry Council on 24 November which should reflect the view of European industry that the levy should end and reserves be drawn down during the run-up to 2002.

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