§ Mr. Gryllsasked the Secretary of State for Industry whether his approval was required for the transfer of the loan of £1,900,000, originally given by his Department to the Barrow Hepburn Group, from it to British Tanners Products Ltd.; and on what date his approval was given
§ Mr. Les HuckfieldYes. Approval in principle was given in March 1977 to the transfer to the new company of the loan of £1.94 million made under Section 7 of the Industry Act 1972. The legal agreement and debentures effecting the transfer were concluded in May 1977.