Written question asked by Austin Mitchell (Labour) on Friday, 7 January 2005, in the House of Commons. It was due for an answer on Monday, 17 January 2005. It was answered by Keith Hill (Labour) on Monday, 17 January 2005 on behalf of the Office of the Deputy Prime Minister.

Office of the Deputy Prime Minister

Question: To ask the Deputy Prime Minister, if he will commission a study on the merits of a levy on the profits of registered social landlords benefiting from large scale voluntary transfers, to be returned as a bonus to the community transferring its council housing.

Answer: Mr. Austin Mitchell: To ask the Deputy Prime Minister if he will commission a study on the merits of a levy on the profits of registered social landlords benefiting from large scale voluntary transfers, to be returned as a bonus to the community transferring its council housing. [207806] Keith Hill: Registered social landlords (RSLs) are non-profit distributing businesses. Where an RSL has any operating surplus following the receipt of local authority housing stock, the Office of the Deputy Prime Minister would expect this surplus to be used to further contribute towards the Government's sustainable communities strategy.

Secondary information