§ Mr. Gryllsasked the Secretary of State for Industry (1) if he will arrange for the annual accounts of the Anglo American Venture Fund, and the Anglo American Venture Management Company to be placed in the Library;
(2) whether any of the directors of the Anglo American Venture Fund have agreements whereby they can buy the Company's shares at par value; if he will name any directors who have such agreements; and if he will place copies of these agreements in the Library;
(3) if he will place in the Library a copy of the management contract between the Anglo American Venture Fund and the Anglo American Venture Management Company.
§ Mr. ButcherNo. These are matters for the NEB.
§ Mr. Gryllsasked the Secretary of State for Industry how much public money, either by way of cash or loans, has been invested in (a) the Anglo American Venture Fund and (b) the Anglo American Venture Management Company; and what shareholding the National Enterprise Board has in each of these companies.
§ Mr. ButcherThe National Enterprise Board has made a total of £2 million available for investments by the Anglo American Venture Fund, which it wholly owns. The board has also invested £500 for a 50 per cent. stake in the Anglo American Venture Management Company.