§ Mr. Eldon Griffiths
asked the Secretary of State for Wales if he will list the financial and other benefits provided by public authorities, local as well as national, to industrial firms locating themselves in the special development area of South Wales.296W
§ Mr. John Morris
Government incentives available to firms locating in special development areas are set out in detail in the Department of Industry booklet "Incentives for Industry in the Areas for Expansion". I am sending the hon. Member a copy.
Local authorities can assist industry by using the general powers available in Sections 2 and 3 of the Local Authorities (Land) Act 1963. These powers allow local authorities to develop land and to grant mortgages for the erection of buildings on land sold or let by the local authority. In addition some local authorities have Private Act powers which extend those available under the Local Authorities (Land) Act 1963.