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Road Transport Industry Training Board

Volume 301: debated on Friday 21 November 1997

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To ask the Secretary of State for Education and Employment if he will list the assets transferred to the Road Transport Industry Training Board on its privatisation. [16680]

It was the Road Transport Industry Training Board which was wound up and its assets were transferred to RTITB Services Limited in September 1992. The assets listed in the transfer agreement, with values where shown, were:

AssetsValue £
The Book Debts (estimated)1,390,000
The Capital Fund8,976,727
The Contracts
The Fixed Assets1,094,772
The Goodwill
The Intellectual Property
The Investments3,050,000
The Premises (book value as at transfer date)6,747,788
The Stocks