M(85)14
CONFIDENTIAL
122
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(b) that the Working Group report itself,
but not the reference documents, should
be published (paragraph 21 of the
memorandum);
(c) that an Information Paper be presented
setting out the options open to
Government in the event that CMB's
franchise was not extended;
The Council noted the financial implications of
the implementation of the report in terms of the
possible impact upon CMB fare levels and with regard to
a probable increase in Government expenditure
(paragraphs 17 and 18 of the memorandum).
The Council asked that the Working Group should
be complimented on its Report and ΟΠ the speed with
which it had been completed.
(The Secretary for Transport, Mr I.F.C.
MACPHERSON, the Commissioner for Transport, Mr James Y.C.
So, and the Deputy Director (Traffic), RHKP, Mr G.W.
ROPER, attended before Council for the
discussion
of
this item.)
A120
MASS TRANSIT RAILWAY CORPORATION
POPULAR SAVINGS BONDS
(M 10/4C)
The Council considered memorandum XCC (85)30.
CONFIDENTIAL