§ 25. Kevin BrennanTo ask the Secretary of State for Transport, Local Government and the Regions what assessment he has made of Glas Cymru as a model for the new Railtrack. [13578]
§ Mr. JamiesonWe have indicated that we will be making a proposal to the administrator for a company limited by guarantee to take over Railtrack's role, but the Secretary of State will of course consider any proposal put to him by the Administrator to transfer the railway assets out of administration.
We are of course aware that Glas Cymru is based on the company limited by guarantee model, as are a large number of housing associations throughout the country. But our proposal will not be based on any one company model.