Written question asked by Lord Risby (Conservative) on Tuesday, 13 October 2009, in the House of Commons. It was due for an answer on Thursday, 15 October 2009. It was answered by Liam Byrne (Labour) on Thursday, 22 October 2009 on behalf of the Treasury.
Local Government: Assets
- Question
- To ask the Chancellor of the Exchequer pursuant to the written ministerial statement of 12 October 2009, Official Report, columns 23-8WS, on sale of Government assets, whether any receipts of proposed sales of local authority assets will accrue to the Exchequer.
- Answer
-
Excepting certain receipts from the sale of housing land and dwellings that are required to be pooled centrally or surrendered, English local authorities are free to use capital receipts from asset sales to support capital investment, repay debt, invest to earn interest or any combination of these. The decision rests with the local authority concerned.
Secondary information
- Type
- Written question
- Reference
- 497 c1672W; 293673
- Session
- 2008-09
- Related items
- Subjects
- Assets Government Local government
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2019-08-29 10:16:42 +0100
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- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1451699
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