HC Deb 09 February 1966 vol 724 cc82-3W
104. Mr. Heffer

asked the Minister of Transport in what circumstances her assent is sought to the merger between subsidiaries of British Road Services and private companies; and what is her policy towards such proposals.

Mrs. Castle

Mergers involving a substantial outlay require my consent under the investment control procedures. Mergers involving disposal of securities owned by the Transport Holding Company need my consent under Section 29(8) of the Transport Act, 1962. I shall consider each proposal on its merits.