HC Deb 22 March 1982 vol 20 c231W
Mr. Hoyle

asked the Prime Minister if she will ensure that no fees are paid to merchant banks in connection with privatisation schemes until the Royal Assent has been given to the legislation authorising the privatisation.

The Prime Minister

No. Ministers are bound to take advice on the feasibility and possible method of privatisation, before committing themselves to legislation, and in some circumstances this might require fees.