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Mr. Wallace
asked the Chancellor of the Exchequer what is his latest estimate of the financial implications for the Exchequer of the privatisation of the British Airports Authority.
Mr. Norman Lamont
The financial implications for the Exchequer of the privatisation of BAA plc will depend on the price at which shares are sold. The price itself will be dependent on a number of factors, including market conditions at the time of the sale.