§ Lord Beaverbrook
asked Her Majesty's Government:
What action they are taking to address the depletion of the Air Travel Trust Fund revealed in the ATT annual report and accounts.
The Minister of State, Department of Transport (The Earl of Caithness)
The Government intend to legislate when Parliamentary time allows to allow the Air Travel Trust Fund to be replenished. In the meantime, we have laid a minute informing Parliament of our proposal to grant a guarantee to enable the fund to borrow to meet its obligation.