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Written question asked by Lord Flight (Conservative) on Wednesday, 30 October 2002, in the House of Commons. It was due for an answer on Wednesday, 6 November 2002. It was answered by Ruth Kelly (Labour) on Wednesday, 6 November 2002 on behalf of the Treasury.


Treasury

Question
To ask Mr Chancellor of the Exchequer, what assumptions he has made regarding the costs of asbestos-based liability claims against Her Majesty's Government over the next 20 years.
Answer

Mr. Flight: To ask Mr. Chancellor of the Exchequer what assumptions he has made regarding the costs of asbestos-based liability claims against Her Majesty's Government over the next 20 years. [79018] Ruth Kelly: The Treasury makes no assumption about the costs of asbestos liability claims. It is for individual Departments to make provision in their accounts for any liabilities against them. Details of a Department's provisions and possible contingent liabilities can be found in the notes to their Resource Accounts in the line with UK Generally Accepted Accounting Practice (UKGAAP)


Secondary information

Type
Written question
Reference
79018; 392 c277W;392 c290W
Session
2001-02
Subjects
Compensation Asbestos Finance Liability Government departments
Link
View this Written question on www.publications.parliament.uk