§ Harry CohenTo ask the Secretary of State for Transport pursuant to his Written Ministerial Statement, on 4 February 2003,Official Report, column l0WS, on London Underground, what amendments he proposes to ensure that the operation of London Underground's contracts is not affected when they are transferred from one body to another; whether the PPP Consortia and lenders have a veto over the transfer of London Underground and Transport for London; and if he will make a statement. [103305]
§ Mr. JamiesonThe Government's proposals for amendments to the Greater London Authority Act 1999 are contained in clause 108 of the Railways and Transport Safety Bill as amended in Standing Committee D, which is available on the House website.
The Secretary of State told the House in his written statement, on 4 February 2003, Official Report, column l0WS, that the transfer of London Underground Ltd. to Transport for London will only take place ahead of such amendments to the Greater London Authority Act 1999 with the agreement of the PPP consortia and lenders.