HC Deb 23 November 1981 vol 13 cc321-2W
Mr. Alton

asked the Secretary of State for Energy if, in the privatisation of the British National Oil Corporation, he intends to introduce measures to ensure that shares are not acquired by non-nationals.

Mr. Gray

The articles of association of the company in which shares are to be sold will contain safeguards against unacceptable changes in control, whatever the nationality of the parties involved.