HC Deb 24 October 1994 vol 248 c404W
Mr. Frank Field

To ask the Secretary of State for the Environment when he will be making an announcement on the method it is proposed to use to ensure that the National Rivers Authority new main and new second fund will be fully able to meet all its liabilities.

Mr. Atkins

Section 173 of the Water Act 1989 puts beyond any doubt my right hon. Friend's obligation to meet any deficit. The method and timing of any action necessary under the section will ensure that pension liabilities are met in full, while minimising the burden on the taxpayer.