§ Queen's Recommendation having been signified—
§ Resolved,
§ That, for the purposes of any Act of the present Session to increase financial limits which apply in connection with the National Enterprise Board, it is expedient to authorise any increase in the sums payable out of money provided by Parliament under any other enactment attributable to provisions of the said Act of the present Session—
- (a) increasing the financial limit for the time being specified under section 5(3) of the Industry Act 1980 for the purposes of section 3 of that Act (property transferred to Secretary of State from National Enterprise Board) to £4,400 million; and
- (b) providing for that limit to be increased or further increased by order of the Secretary of State made with the consent of the Treasury to an amount not exceeding £5,250 million.—[Mr. Tebbit.]