§ 3.13 p.m.
§ LORD SHACKLETONMy Lords, I beg to move that the Draft National Steel Corporation (Change of Name) Order 1967, laid before the House on July 5, 1967, be approved. This is a simple Order, the purpose of which is to change the name of the National Steel Corporation to the British Steel Corporation. I think that this change will be welcomed. Provision was made in your Lordships' House that such a change could be made when certain difficulties had been got out of the way, and it is now proposed that the Order should come into operation on July 27. This is the day before vesting date, and the Corporation will be able to use their new name on and from the day on which they actually assume ownership of the nationalised steel industry. The change, therefore, will come at the most convenient moment.
§ Moved, that the Draft National Steel Corporation (Change of Name) Order 1967, laid before the House on July 5 1967, be approved.—(Lord Shackleton.)
§ LORD WINDLESHAMMy Lords, as the Minister has just said, the possibility of a change of name for the National Steel Corporation to the British Steel Corporation was discussed when the Iron and Steel Bill was going through your Lordships' House. We on these Benches agreed at the time that the name British Steel Corporation might be more appropriate, particularly in regard to overseas trading operations. But, having said that, I should say again from this side of the House that we do not like the Corporation any more under this new name than we did under its old name.
§ On Question, Motion agreed to.