§ Mr. Ormeasked the Minister of Transport what restrictions he has removed on the manufacturing activities of the Transport Holding Company.
§ Mr. Tom FraserI have informed the Chairman of the Transport Holding Company that, subject to my normal control over investment and borrowing, the manufacturing capacity and output of their subsidiaries may be expanded where they consider this to be advantageous in the normal course of the business permitted to them, and that to this end I have revoked the direction given to the company by my predecessor on 20th December, 1962, which bears on this matter. This required the Holding Company to exercise control over their manufacturing subsidiaries so as to ensure that the productive capacity of any of those companies, i.e. Star Bodies (B.T.C.) Limited, Bristol Commercial Vehicles Limited, and Eastern Coach Works Limited, should not exceed the productive capacity of that company as at 1st January, 1963.