Written question asked by Baroness McIntosh of Pickering (Conservative) on Tuesday, 9 July 2002, in the House of Commons. It was due for an answer on Monday, 15 July 2002. It was answered by Richard Caborn (Labour) on Monday, 15 July 2002 on behalf of the Department for Culture, Media and Sport.

Dept for Culture Media and Sport

Question: To ask the Secretary of State for Culture, Media and Sport, for what reasons the racing industry was charged for the acquisition of the Tote; and what account was taken of historic funding by the racing industry of the Tote when setting the sale price.

Answer: Miss McIntosh: To ask the Secretary of State for Culture, Media and Sport for what reasons the racing industry was charged for the acquisition of the Tote; and what account was taken of historic funding by the racing industry of the Tote when setting the sale price. [69369] Mr. Caborn: The Government have announced their intention to introduce legislation to enable them to sell the Tote to a racing trust but no sale price has yet been set. It is appropriate for a price to be paid because there is a legitimate taxpayer interest in the Tote business.

Secondary information