§ Mr. Parkerasked the Chancellor of the Exchequer on what principle Government directors are appointed to those companies in which the Government has the right to appoint directors; and who is responsible for making and / or confirming the appointments?
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§ Lieut.-Colonel Colville:Government directors are appointed for the purpose of representing such Government interests as may be involved in connection with the company concerned, and the selection of individuals is determined by this
Name of Company. Government Directors Nominated or Appointed by Suez Canal Company, Limited Prime Minister and First Lord of the Treasury. Anglo-Iranian Oil Company, Limited Prime Minister and First Lord of the Treasury. Imperial Airways, Limited Secretary of State for Air. British Airways, Limited Secretary of State for Air. Parkend Saw Mills, Limited Forestry Commissioners. British Sugar Corporation, Limited Minister of Agriculture. Agricultural Mortgage Corporation, Limited Prime Minister and First Lord of the Treasury. Scottish Agricultural Securities Corporation, Limited. Prime Minister and First Lord of the Treasury. David MacBrayne (1928) Limited Minister of Transport.