§ 131. Mr. G. Thomasasked the Minister of Fuel and Power to what extent collieries and their subsidiaries have, since the passing of the Coal Industry Nationalisation Bill, made inter-company arrangements transferring control and subsidiaries and other assets with a view to bringing these subsidiaries and other assets into different categories and thus postponing their acquisition by the State; and what steps he is taking to prevent this.
§ Mr. ShinwellFull information relating to dealings with assets is being collected under the recently issued Coal Industry Nationalisation (Options and Constitution of Compensation Units) Regulations, and this, combined with the provisions of Part V of the First Schedule to the Act, which I referred to in my reply to my hon. Friend the Member for Stafford (Mr. Swingler) on 8th October, a copy of which I am sending to him, affords ample safeguards against manŒuvres of the kind mentioned.