§ Mr. Gryllsasked the Secretary of State for Industry if the National Enterprise Board will be authorised to make overdraft arrangements with its bankers in accordance with Section 2 of the Industry 380W Act 1975; and if there is any special reason why this provision has been omitted from the Schedule to the NEB Guidelines published on 23rd December 1976.
§ Mr. Les HuckfieldThe necessary authority had already been given.
§ Mr. Gryllsasked the Secretary of State for Industry following his answer to the hon. Member for Surrey, North-West on 18th January which creditor of a subsidiary or associate company of the NEB has been given a guarantee by the Government; what is the limit of the guarantee; what is the duration of the guarantee; and which subsidiary or associate company of the NEB is concerned.
§ Mr. Les HuckfieldI would refer the hon. Member to the statement in this House on 22nd February 1973 by the hon. Member for Woking (Mr. Onslow).—[Vol. 851, c. 109.]