§ 30. Colonel Gomme-Duncan
asked the Minister of Transport what was the cost of building Faslane docks and harbour; on what date they were sold; to what firm and at what price; and to what extent the contract provided for the possibility of the return of this undertaking in the event of national emergency.
§ Mr. Barnes
The military port of Faslane was built and equipped by the War Office during the war at a cost of approximately £3 million. The port has not been 21 sold but has been leased to Metal Industries, Ltd., for a period of 20 years from 15th August, 1946, at a yearly rental of £12,500. The lease provides that the lessees will keep in repair the main structures of the port, and it has been agreed with Metal Industries, Ltd., that in the event of national emergency the Government would have the right of immediate re-occupation.