§ Sir John StanleyTo ask the Chancellor of the Exchequer what steps his Department has taken to implement the private finance initiative announced in the autumn statement on 12 November 1992 and in the Treasury private finance guidance published on 9 December 1992.
§ Mr. LamontThe potential scope of the initiative will vary between Departments. Further to my earlier reply to my right hon. Friend on this subject, 17 December 1992,Official Report, column 377, my Department will consider the scope for involving the private sector in the ways suggested by the interim guidance published by he Treasury on 9 December and the further published guidance on contract energy management—17 February 1993—and joint ventures—16 March 1993—whenever the opportunity arises.