§ Mr. RedwoodTo ask the Secretary of State for Transport whether the Government guarantee the borrowings of the SRA. [61278]
§ Mr. SpellarParagraph 10 of schedule 14 to the Transport Act 2000 gives the Secretary of State the power to guarantee the repayment of any sums borrowed by the SRA temporarily, by way of overdraft or otherwise, from another person. The SRA has not exercised its powers to borrow money.