§ Mr. Kenneth Clarke
asked the Secretary of State for Industry to what con 684W ditions the Government's offer to subordinate their loan to Meriden Motor Cycle Co-operative to other loans has been made subject.
Mr. Alan Williams
The subordination of their loan to Meriden Motor Cycles Ltd. forms part of a programme for assistance to that company which the Government are prepared to undertake subject to the approval of the House and to the completion of appropriate arrangements. This programme was outlined in my right hon. Friend's statement to the House of 7th February.