HC Deb 06 December 1996 vol 286 c829W
Mr Morgan

To ask the Secretary of State for Wales what arrangements he has discussed with the chairman of the Cardiff Bay development corporation and the relevant local authorities concerning the rental payments on private finance initiative deals entered into by the corporation after transfer of all assets and liabilities to the local authorities after the winding up of the corporation. [8000]

Mr. Hague

None. The corporation has not yet entered into financial commitments on any PFI deals. I will be considering wind-up issues, including the transfer of assets and liabilities, following receipt in March next year of the corporation's report on the outcome of its consultations with local authorities and other bodies about its draft wind-up action plan.