National Finance written question – answered on 19 October 1981.
Special Sales of Assets 1979舑80 | |
Transaction | £million |
Net reductions in expenditure | |
Sale of shares in the British Petroleum Co. Ltd. | 276 |
National Enterprise Board舒sale of certain shares | 37 |
Sale of shares in Drake & Scull Holding Ltd. | 1 |
New Town Development Corporations and the Commission for the New Towns舒sale of land and buildings | 26 |
Regional Water Authority舒sale of land | 3 |
Sale of shares in Suez Finance Company | 22 |
Property Services Agency舒sale of land and buildings | 5 |
Total | 370 |
Revenue offsets to planned expenditure | |
British National Oil Corporation舒receipts of advanced payments for oil | 622 |
Transaction | £ million |
Stamp duty and VAT | 7 |
Grand Total | 999 |
This table was first published in the 1981 Public Expenditure White Paper, Cmnd. 8175 as table 4.11.
Special Sales of Assets 1980舑81 | |
Transaction | £million |
Receipt of premiums levied on the seventh round of North Sea oil licences | 210 |
Change in level of receipts of advance payments for oil | 舒49 |
Sale of leases of certain motorway service areas舒sales of land and buildings | 28 |
Property Services Agency舑sale of land and buildings | 4 |
Sale of shares in British Aerospace Ltd. | 43 |
Payment of premiums levied on the seventh round of North Sea oil licences grants to British National Oil Corporation | 舑15 |
New Town Development Corporations and the Commission for New Towns舒sales of land and buildings | 52 |
National Enterprise Board舒sales of certain shares | 83 |
Total | 356 |