HC Deb 28 January 1981 vol 997 cc443-4W
Mr. Campbell-Savours

asked the Secretary of State for Industry if he will, under section 5 (3) of the lion and Steel Act 1975, require the British Steel Corporation to supply him with information as to what value and proportion of the ferrous foundry grant and other firms of regional assistance received by the British Steel Corporation for investment in Distington foundry would have to be repaid by the British Steel Corporation if the corporate plan recommendations for closure were to take place.

Mr. Michael Marshall

Repayment of grant becomes an issue only after the establishment has closed and the use to which the assets have been put can be determined.