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Environment Agency

Volume 449: debated on Wednesday 19 July 2006

To ask the Secretary of State for Environment, Food and Rural Affairs what the Environment Agency's outstanding borrowing is under sections 48 to 50 of the Environment Act 1995; and how much of that borrowing is in relation to meeting obligations related to its navigation responsibilities. (86362)

The Environment Agency has no outstanding borrowing. Its financial memorandum is very restrictive as to the circumstances under which its borrowing powers can be exercised and those powers have not been exercised. Therefore, there is no outstanding borrowing relating to the agency's navigation function.