§ Mr. SimpsonTo ask the President of the Board of Trade what arrangements have been made for meeting the residual obligations of British Coal; what level of financial resources has been set aside to meet these obligations; and if he will make a statement.
§ Mr. EggarResidual obligations remaining temporarily with British Coal after privatisation would be funded principally by residual payments grant under the provisions of clause 18 of the Coal Industry Bill currently before Parliament. Estimates will be put before Parliament in due course.