HC Deb 09 January 1990 vol 164 c914

Resolved, That, for the purposes of any Act resulting from the Enterprise and New Towns (Scotland) Bill ("the Act"), it is expedient to authorise—

  1. (1) payment into the Consolidated Fund of amounts payable by Scottish Enterprise in consideration of the receipt of public dividend capital or in reduction of public dividend capital;
  2. (2) payment into the Consolidated Fund of any surplus arising from, by virtue of the Act, the winding up under the New Towns (Scotland) Act 1968 of a development corporation;
  3. (3) payment into the Consolidated Fund of payments in or towards repayment by Scottish Enterprise of sums issued in fulfilment of guarantees given by the Treasury;
  4. (4) payment into the National Loans fund.

In this Resolution— development corporation" has the same meaning as in the New Towns (Scotland) Act 1968; public dividend capital" has the same meaning as in Schedule 2 to the Act but includes such capital within the meaning of Schedule 2 to the Scottish Development Agency Act 1975.—[Mr. Greg Knight.]