Skip to main content

Motability

Volume 270: debated on Tuesday 30 January 1996

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Secretary of State for Social Security if he will make a statement on the Schroeders merchant bank report on Motability Finance Ltd. [5092]

The Schroeders merchant bank report was commissioned by the governors of Motability and is confidential to them.

To ask the Secretary of State for Social Security when his Department expects to agree the National Audit Office report on Motability and its associated financial arms. [5138]

The NAO study on Motability has been received in draft and we are currently discussing with the National Audit Office a timetable for clearance.

To ask the Secretary of State for Social Security if Motability controls the moneys in the Motability 10th anniversary fund. [5142]

No. The Motability Tenth Anniversary Trust is an independent charity and a registered company. Its moneys are controlled by trustees who are appointed by Motability, the Secretary of State for Social Security and by the bankers who fund the Motability scheme.