HC Deb 09 July 1974 vol 876 cc457-8W
Mr. Tim Renton

asked the Secretary of State for Industry if he will make it his policy to consult with the Industrial Development Advisory Board before extending public ownership.

Mr. Heffer

The board is set up under Section 9 of the Industry Act 1972 to advise on the application of Sections 7 and 8 of the Act. Where circumstances permit, we intend to consult the board on all major cases arising under these powers.