§ Sir Michael Spicer
To ask the Secretary of State for the Environment, Transport and the Regions what are the projected costs for the Rail Regulator for the financial years(a) 1999–2000 and (b) 2000–01. 
§ Mr. Hill
1 am advised by the Office of the Rail Regulator that the latest estimated outturn of the cost of running the office for 199–-2000 is £10 million. Provision for 2000–01 was set at £9 million in last year's Comprehensive Spending Review. All expenditure by the Office is offset by licence fees recovered in accordance with the Railways Act 1993.