HC Deb 04 March 1981 vol 1000 c278

Queen's Recommendation having been signified—


That, for the purposes of any Act of the present Session to establish a Sea Fish Industry Authority with the duty of promoting the efficiency of the sea fish industry in the United Kingdom, it is expedient to authorise the payment out of money provided by Parliament of any sums required by Ministers—

  1. (a)to fulfil guarantees given by them in connection with borrowing by the Authority;
  2. (b)to make grants to the Authority in respect of—
    1. (i) expenses incurred by the Authority in fulfilling guarantees given to assist co-operatives; or
    2. (ii) losses incurred by the Authority where the Authority have borrowed money in one currency and lent it in another.— [Mr. Buchanan-Smith.]