HC Deb 13 February 2002 vol 380 cc377-8W
Chris Grayling

To ask the Secretary of State for Transport, Local Government and the Regions, pursuant to the answer of 23 January 2002,Official Report, column 863W, on the Strategic Rail Authority, how much money has been allocated in total; and on what basis it will be allocated and in which financial year. [31536]

Mr. Spellar

[holding answer 30 January 2002]: I refer the hon. Member to my answers to him on 8 January 2002, Official Report, columns 323–24W and 4 February 2002, Official Report, column 729W.

The Strategic Rail Authority has discretion, within its total funding provision, to allocate funds to mitigate commercial risk. The total funds used for that purpose will not be known until individual negotiations on special purpose vehicles are concluded.