§ Mr. LlwydTo ask the Secretary of State for Wales if he will list the policy areas which will be the responsibility of the Welsh Assembly; and if he will make a statement.[15746]
§ Mr. Ron DaviesA list is in paragraph 1.7 of the White Paper 'A Voice for Wales' (Cm 3718). The details of the functions to be exercised by the Assembly will be set out in the Bill that establishes the Assembly and the transfer order which will be made under it in due course.
Welsh TEC reserve levels March 1997 to March 1998 £000s TEC Reserve Level Fixed Assets Long Terms Loans Working Capital2 Amount available for discretionary spend 1996–97 End of year position CELTEC1 5,032 440 824 2,733 1,035 Gwent 5,193 359 0 2,836 1,998 Mid Glamorgan 2,682 229 0 1,807 646 Powys 869 47 0 511 311 South Glamorgan 4,326 125 175 1,625 2,401 West Wales 6,352 427 0 3,368 2,557 All TECs 24,454 1,627 999 12,880 8,948 Source: TEC Statutory Accounts
Notes: 1 CELTEC Came into being on 1 April 1997—the figures represent the combined reserve levels if its two predecessor TEC in North Wales. 2 N.B. estimated at six weeks turnover.
£000s TEC Reserve level Foxed assets Long term loans Working capital1 Amount available for discretionary spend 1997–98 Projected end of year position CELTEC 4,046 316 824 2,540 366 Gwent 3,911 293 0 2,585 1,033 Mid Glamorgan 1,601 249 0 946 406 Powys 567 50 0 442 75 South Glamorgan 4,040 1,048 100 1,469 1,423 West Wales 4,052 5,599 0 2,731 762 All TECs 18,217 2,515 924 10,713 4,065 Source: TEC Statutory Accounts
Note:
1Less than six weeks turnover.