§ Mr. R. J. Taylor
asked the Secretary of State for Air whether he will state the conditions under which aircraft manufacturing companies have been entrusted 924W with the management of factories provided by the Government, including the remunerations to directors and managers; and whether any profit accruing from operations in such factories are allocated other than to the Exchequer?
The value of any ex tensions of the manufacturing capacity of aircraft manufacturers that are provided at the cost of the Exchequer will be taken into account in settling the prices of any products supplied by the manufacturer to the Air Ministry or other Departments of State. If and to the extent that these State-owned assets are employed in the manufacture of products sold to other customers, a commercial rent will be charged. No direct remuneration is paid to the directors or the companies concerned in respect of management.