§ 4. Mr. Hal Miller
asked the Secretary of State for Prices and Consumer Protection what representations she has received from motor car manufacturers about the effect of the Price Code on investment; and if she will make a statement on this aspect of its operation.
§ Mr. Maclennan
The Society of Motor Manufacturers and Traders has argued that the exemption of its industry from the Price Code, or at least a substantial relaxation of price control, is desirable to encourage investment. My right hon. Friend is examining ways of modifying the code to assist investment and will take representations from all interested parties into account.