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    DT1 the current situation is:

    The port is a Trust Port and owned by the State

    Liked other state owned enterprises the government of the day can choose to sell it off and the proceeds of the sale go into the coffers of the Exchequer.

    As Vic and Alexander D point out there are alternatives to the proposed sale; 2 of which would be -
    do nothing as it is making money
    change the existing Royal Charter and associated rules to allow the Port to not only borrow money, but also to set up and run a charitable trust for the town

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