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Local Government Reform

Volume 109: debated on Tuesday 3 February 1987

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asked the Secretary of State for the Environment why there has been further delay in the transfer of assets of Thamesmead from the London Residuary Body to Thamesmead Town Ltd; when the transfer is now expected to take place; and if he will make a statement.

The terms and timing of this transfer are a matter for negotiation between the London Residuary Body and Thamesmead town. Negotiations have taken longer than expected and are still continuing in consultation with the Department. We wish to see the transfer take place as soon as possible and expect the parties shortly to agree a revised timetable for its completion.