§ Mrs. MayTo ask the Secretary of State for Transport on what date he authorised the change in control of Railtrack; and if he will publish the authorisation. [66604]
463W
§ Mr. Jamieson[holding answer 2 July 2002]Network Rail has not yet asked my right hon. Friend the Secretary of State to authorise the change of control.
§ Mrs. MayTo ask the Secretary of State for Transport what assurances have been given that the existing employment rights, including pension rights, of employees of Railtrack plc will be safeguarded by the sale of Railtrack plc to Network Rail. [66498]
§ Mr. Jamieson[holding answer 2 July 2002]Network Rail has stated publicly that the existing terms and conditions, including pension rights, of Railtrack PLC employees will be safeguarded.
§ Mrs. MayTo ask the Secretary of State for Transport if he will publish information required by Railtrack Group in order to enable it to identify whether adjusting post balance sheet events have occurred that would require amendments to the figures reported on 27 June by Railtrack Group. [66533]
§ Mr. Jamieson[holding answer 2 July 2002]This is a matter for Railtrack Group and its auditors, taking account of the sale and purchase agreements entered into by Railtrack Group with Network Rail and with London and Continental Railways (LCR).
§ Mrs. MayTo ask the Secretary of State for Transport whether Railtrack Group is required to purchase section one of the CTRL at its net cost. [66530]
§ Mr. Jamieson[holding answer 2 July 2002]Railtrack Group is obliged to purchase section one of the CTRL at the actual out-turn construction cost including financing costs and net of Government grants received.