HC Deb 25 July 1983 vol 46 c304W
Mr. Waller

asked the Chancellor of the Exchequer what proposals he has for achieving the expanded programme of asset sales in 1983–84 which he announced on 7 July, Official Report, column 418.

Mr. Lawson

I expect to raise up to £500 million of the asset sales which I am seeking before the end of the 1983–84 financial year from an offer for sale of a further tranche of BP shares. Parliamentary approval for expenditure in connection with such a sale of BP shares will be sought in a new Vote which will be introduced in a Supplementary Estimate. Pending that approval, any necessary expenditure will be met by repayable advances from the Contingencies Fund.

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