§ Mr. PearsonTo ask the Secretary of State for Transport (1) what residual liabilities will need to be met through payment of grant in aid after the sale of the British Rail Property Board; [16502]
(2) what provisions have been made in respect of the residual liabilities of British Rail Property Board following its sale. [16501]
§ Mr. WattsNo property assets or liabilities are to be included in the sale of the British Rail Property Board, which would become a property management business. No new liabilities would arise from its sale. Existing736W liabilities would remain with the BR board and provision would be made in the BR board's annual report and accounts in the usual way.