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Forestry

Volume 114: debated on Monday 6 April 1987

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asked the Chancellor of the Exchequer what assistance was given to the National Audit Office by the Forestry Commission in compiling the details of expected internal rates of return for various types of forest plantation published as appendix 4 of the NAO report, "Review of Forestry Commission Objectives and Achievements"; and what economic model was used to calculate these returns.

Paragraphs 4.3 and 4.4 of the report by the Comptroller and Auditor General, "Review of Forestry Commission objectives and achievements" (HC 75), to the Public Accounts Committee, of which the hon. Gentleman is a member, made clear that the Forestry Commission provided the National Audit Office with planting and restocking models representative of the current planting programme. Appendix 4 of the report summarises the returns likely to be achieved for typical plantations.