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Mr. Gordon Prentice
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]
Dr. Howells
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:
Assets | Value £ |
The Book Debts (estimated) | 1,390,000 |
The Capital Fund | 8,976,727 |
The Contracts | — |
The Fixed Assets | 1,094,772 |
The Goodwill | — |
The Intellectual Property | — |
The Investments | 3,050,000 |
The Premises (book value as at transfer date) | 6,747,788 |
The Stocks | — |