§ Mr. Gordon Wilson
asked the Secretary of State for Industry what loans and grants were given to Robb Caledon Limited in the five years to date.
§ Mr. Gregor Mackenzie
As far as Government assistance specific to shipbuilders is concerned, Robb Caledon has received during the last five years the £200,000 balance of a loan of £400,000 and a grant of £104,000 made under the Shipbuilding Industry Act 1967. It has also received construction grants totalling £993,981. Shipbuilders' relief—a rebate of taxes currently 2 per cent. of the cost of a ship—has also been available. In addition its subsidiary Burntisland Engineers and Fabricators Ltd. received a loan of £450,000 under the Industry Act 1972. The company would have qualified too for the normal range of assistance available to industry generally including investment grants, regional employment premium and grants available under the Industry Act and Local Employment Acts.