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Local Authorities: Capital Debt

Volume 446: debated on Tuesday 20 December 1983

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asked Her Majesty's Government:What is the present estimate of the capital debt per head of population transferred to each of the 36 metropolitan district councils in the event of the six metropolitan county councils being abolished.

It is not yet possible to say what part of the capital debt of the six metropolitan county councils will fall to be serviced by each of the metropolitan district councils. Among other things, this will depend on the level of the outstanding debt at the time of abolition and the detailed distribution of assets to individual district councils.