§ Mr. Fauldsasked the Secretary of State for Education and Science whether he will restrict the issue of export licences for the overseas loan of works of art which are owned by British pension funds and similar investment institutions, bearing in mind the long-term loss to the nation's artistic heritage.
§ Mr. ChannonI have received no such application. If one came forward, I would deal with it on its merits in the usual way.
§ Mr. Fauldsasked the Secretary of State for Education and Science whether he will set up an inquiry with regard to the scale of investment in works of art by British pensions funds and similar investment institutions.
§ Mr. ChannonNo. I have received no evidence that such an inquiry is necessary.