§ Mr. Gryllsasked the Secretary of State for Industry if he will state the total of loans under the home credit scheme to United Kingdom shipowners in the years 1976–77, 1977–78 and so far in 1978–79; and when the first loans are due for repayment.
§ Mr. Les HuckfieldGuarantees were provided under section 10 of the Industry Act 1972 in respect of the following loans to United Kingdom shipowners:
Year Number Value (£ million) 1976–77 38 145.9 1977–78 42 134.2 1978-January 1979 (10 months) 38 165.5 The terms of these loans provide for repayment over seven years starting six months after delivery of each vessel.