HC Deb 22 June 2004 vol 422 cc1396-7W
Alan Simpson

To ask the Secretary of State for Education and Skills if he will list the private finance initiative and public private partnership schemes his Department has entered into that have been subject to refinancing deals, indicating in each case how much of the windfall gain has been repaid to the Government. [179061]

Mr. Miliband

The only private finance initiative/ public private partnership that my Department has entered into is the Connexions Card, which is a PPP. It has not been subject to refinancing.

Alan Simpson

To ask the Secretary of State for Education and Skills what the(a) book value of the stakeholding, (b)onward sale price and (c) arrangements for sharing any windfall gain from subsequent refinancing arrangements are for each of the private finance initiative and public private partnership schemes his Department has entered into where there has been an onward sale of the private sector stakeholding into secondary market. [179064]

Mr. Miliband

The only private finance initiative/ public private partnership scheme in my Department is the Connexions Card which has not been subject to onward sale into a secondary market.