§ Mr. Canavan
asked the Secretary of State for Education and Science what are the estimated proceeds from the sale of land by Stirling university to the Wang corporation; and whether the Government will permit the university to keep all such proceeds for the purposes of the university.
§ Mr. Waldegrave
My right hon. Friend would not wish to anticipate the terms of the proposed sale. The university will be allowed to retain up to half the net proceeds of the sale for use in accordance with the conditions laid down in the arrangements for such retention announced by my right hon. Friend on 21 January 1982 in reply to the hon. Member for Kingswood (Mr. Aspinwall).—[Vol. 16, c. 182–83.]