HC Deb 06 March 1997 vol 291 c715W
Mrs. Dunwoody

To ask the Secretary of State for Transport if he will make a statement regarding the hypothecation of revenue from his Department. [19002]

Mr. Bowis

Proceeds of asset sales do sometimes go to the Department concerned. The proposed privatisation of London Underground is, however, the first time this approach has been adopted in a privatisation. This is in recognition of the particular needs and circumstances of London Underground.