§ Mr. Canavan
asked the Secretary of State for Scotland how much compensation is to be paid to the Scottish electricity boards in respect of financial losses incurred by them in 1974–75.
§ Mr. William Ross
I have advised the boards that, subject to the enactment of the Statutory Corporations (Financial Provisions) Bill in essentially its present form and to the necessary consultations and approvals prescribed in the Bill, I shall lay before this House a draft order under Clause 1(1) of the Bill specifying the following amounts for payment to the boards in respect of the financial year 1974–75:
North of Scotland Hydro-Electric Board £2,274,338 South of Scotland Electricity Board £20,359,719