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Departmental Fixed Assets

Volume 456: debated on Friday 2 February 2007

To ask the Chancellor of the Exchequer which fixed assets his Department sold for more than £10,000 in (a) 2004-05 and (b) 2005-06; and what the (i) sale value, (ii) purchaser and (iii) date of sale was of each asset. (110794)

During 2004-05, the Treasury sold the land and buildings at 100 Parliament street, including antique fixtures and fittings, to HM Revenue and Customs. Proceeds of £22,412,000 were received on 16 March 2005.

Between 12 January 2005 and 16 February 2005, all of the Treasury's residual post-privatisation shares were sold, via a broker, for £1,706,000.

There were no disposals of any fixed assets for more than £10,000 during 2005-06.