Motability (Hansard, 30 January 1996)

§ Mr. Simpson
To ask the Secretary of State for Social Security if he will make a statement on the Schroeders merchant bank report on Motability Finance Ltd. [5092]

§ Mr. Burt
The Schroeders merchant bank report was commissioned by the governors of Motability and is confidential to them.

§ Mr. Simpson
To ask the Secretary of State for Social Security when his Department expects to agree the National Audit Office report on Motability and its associated financial arms. [5138]

§ Mr. Burt
The NAO study on Motability has been received in draft and we are currently discussing with the National Audit Office a timetable for clearance.

§ Mr. Simpson
To ask the Secretary of State for Social Security if Motability controls the moneys in the Motability 10th anniversary fund. [5142]

§ Mr. Burt
No. The Motability Tenth Anniversary Trust is an independent charity and a registered company. Its moneys are controlled by trustees who are appointed by Motability, the Secretary of State for Social Security and by the bankers who fund the Motability scheme.