Mr. Oaten: To ask the Secretary of State for CLG what recent discussions he has had on the system of council rent receipt payments to local authorities.
Mr. Ian Austin: In his consultation paper in July, we proposed to end the central pooling of housing capital receipts, so that councils can reinvest these as part of our proposals to move to a self-financing system. Since then we have met with a number of interested stakeholders including local authorities and tenant associations. We plan to make a further announcement in the next few weeks which will describe the progress we have made on self-financing, set-out more details on the proposals and provide a summary of responses to the consultation.
Mr. Ian Austin: In his consultation paper in July, we proposed to end the central pooling of housing capital receipts, so that councils can reinvest these as part of our proposals to move to a self-financing system. Since then we have met with a number of interested stakeholders including local authorities and tenant associations. We plan to make a further announcement in the next few weeks which will describe the progress we have made on self-financing, set-out more details on the proposals and provide a summary of responses to the consultation.
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