HC Deb 17 November 1955 vol 546 cc47-8W
Mr. H. Hynd

asked the Chancellor of the Exchequer the Government directors of the British Petroleum Company; their remuneration; and their duties.

Sir E. Boyle

The Government directors are Mr. F. E. Harmer and Sir Gordon Munro. They receive no remuneration from public funds but retain all fees received by them as directors of the com- pany and its subsidiary companies. I understand that at present such fees amount to £3,250 a year in each case. In addition to the ordinary functions of company directors, they have a general obligation to report on all matters, financial or general, which they consider should be referred to, or brought to the notice of. Her Majesty's Government.