Contingent Liabilities of Government (Hansard, 30 July 2002)

HL Deb 30 July 2002 vol 638 c163WA 163WA

§ Lord Roberts of Conwy
asked Her Majesty's Government:
Whether they will list those bodies, similar to Network Rail, whose borrowing is supported by the Government but is classified as a private sector borrowing, and indicate the extent of such borrowing in each case. [HL5579]

§ Lord McIntosh of Haringey
The standby credit facilities made available to Network Rail by the Strategic Rail Authority are unlikely to be drawn upon and have been reported to Parliament as a contingent liability. All outstanding contingent liabilities of government larger than £100,000, including those to private sector companies, are listed annually in the Supplementary Statements to the Consolidated Fund and National Loans Fund accounts.