HC Deb 13 March 1980 vol 980 c642W
Mr. Austin Mitchell

asked the Prime Minister whether she will seek to take powers to ensure that the Burmah Oil Company and any other company with a significant stake in North Sea Oil and gas is not allowed to fall under foreign control by means of an offer for shares.

The Prime Minister

I am not satisfied at present of the need for new powers in addition to those in part II of the Industry Act 1975, but the matter will be kept under review.

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