§ Mr. Stanleyasked the Secretary of State for Industry what maximum contingent liability is being assumed by his provision of a bank guarantee to Scientific and Medical Instruments Limited under Section 8 of the Industry Act 1972; and what is the ranking of that guarantee in the event of a liquidation.
§ Mr. BennThe amount and terms of the bank guarantee are still under discussion between my Department and other parties concerned. I will provide the information as soon as the agreement has been signed.