HC Deb 06 November 1997 vol 300 c347W
Mr. Edward Davey

To ask the Secretary of State for Health what assets currently in the hands of health trusts are being considered for transfer to the private sector; and if he will make a statement. [14075]

Mr. Milburn

The value of surplus or redundant assets owned by National Health Service trusts can form part of the negotiations between the trust and the private sector in a Private Finance Initiative deal, but any such assets must be sold or disposed of at open market value.

Mr. Edward Davey

To ask the Secretary of State for Health to what time scale the review of assets is being conducted; how much the review is expected to cost; and if he will make a statement. [14105]

Mr. Milburn

The next periodic revaluation of National Health Service land and buildings to take place in summer 1999 to allow NHS trusts, health authorities and other NHS bodies to establish accurate fixed asset values as of 31 March 2000. The exercise is expected to cost in the region of £ 2.25 million.

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