§ Mr. John Morris
asked the Secretary of State for Wales what plans he has for the disposal of investments of the Welsh Development Agency; and whether new guidelines are being issued to it generally and in particular so far as future investments are concerned.
§ Mr. Michael Roberts
The Welsh Development Agency has been asked to let my right hon. Friend have a report on its equity holdings; he will consider in the light of that report the extent to which disposals should take place. He will also review in due course the various guidelines under which the Agency operates.