Sale of Student Loans Bill
12:15 pm
Bill Rammell: I made the point earlier that Treasury Ministers are bound by the value for money framework in exactly the same way as I am. On Second Reading, I deliberately and explicitly read into Hansard the value for money framework within which the judgments will be made. That is on the record. Both the National Audit Office and ultimately the Public Accounts Committee will examine that statement and criteria when they judge whether we have demonstrated value for money after the sale process. That gives robust protection and ensures that, even if we were not minded to do so—and I assure the hon. Gentleman that we are—we would take account of the value for money framework.
