Written question asked by Lord Lansley (Conservative), in the House of Commons. It was due for an answer on Wednesday, 18 June 1997. It was answered by Baroness Liddell of Coatdyke (Labour) on Wednesday, 18 June 1997 on behalf of the Treasury.

Treasury

Question: If he will estimate the cost of establishing the enlarged Securities and Investment Board.

Answer: Mr. Lansley: To ask the Chancellor of the Exchequer if he will estimate the cost of establishing the enlarged Securities and Investment Board. [3421] Mrs. Liddell: In his letter to Sir Andrew Large of 20 May, my right hon. Friend the Chancellor invited the Securities and Investments Board (SIB) to project manage the process of transition to the new arrangements set out in his statement of the same date. The cost of this work is a matter for SIB, and will be disclosed in their annual report in the usual way.

Secondary information