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Written question asked by Rhodri Morgan (Labour) on Monday, 16 March 1998, in the House of Commons. It was due for an answer on Thursday, 19 March 1998. It was answered by Ron Davies (Labour) on Thursday, 19 March 1998 on behalf of the Welsh Office.


Welsh Office

Question
To ask the Secretary of State for Wales, under what authority rental guarantees were given by Cardiff Bay Development Corporation to Associated British Ports for the Scott Harbour office development; and what is the maximum public financial liabilitiy under such guarantees. - Inc fig.
Answer

Mr. Rhodri Morgan: To ask the Secretary of State for Wales under what authority rental guarantees were given by Cardiff Bay Development Corporation to Associated British Ports for the Scott Harbour office development; and what is the maximum public financial liability under such guarantees. [35328] Mr. Ron Davies: The Scott Harbour rental agreement with a maximum financial liability of £1.4 million was approved by the Department and the Treasury in May 1995. This liability does not extend beyond the lifetime of the Corporation.


Secondary information

Type
Written question
Reference
35328; 308 c733-4W;308 c734W
Session
1997-98
Subjects
Cardiff Bay Development Corporation Associated British Ports Liability Property development Offices Rents Cardiff Bay
Contains statistics
Yes