HC Deb 04 November 1996 vol 284 cc326-7W
Mrs. Beckett

To ask the President of the Board of Trade what is the undiscounted value of post-operational advanced gas-cooled reactor liabilities for each privatised nuclear station which are not covered by the segregated fund; and what are the arrangements for BE to meet these liabilities. [233]

Mr. Lang

The value of British Energy's liabilities as at 31 March 1996 are listed on page 85 and the projected pattern of payments are listed on page 100 of the prospectus for the sale of British Energy, copies of which are in the Library of the House. The segregated fund covers all of stages 1 to 3 of decommissioning, excluding defuelling, at all of British Energy's station sites. British Energy will meet those liabilities not covered by the segregated fund as part of its day-to-day operating costs.