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Indeed. I pay reciprocal tribute to my right hon. Friend and other hon. Friends who are so assiduous in keeping an eye on the future of British Waterways because of the wide benefits involved, and to the Treasury, which listened to the arguments and responded to them. The third sector model has featured in the Government's announcement, and British Waterways sees the potential for this alongside the exploitation of its property portfolio. It is a fascinating way forward designed to tap into the good will towards the waterways around the country, and I am sure that we will explore it further.
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