§ 50. Mr. Benceasked the Secretary to the Treasury the total amount paid to the Treasury on the preference shares and debenture stock of Colvilles Limited, the total amount distributed in profits on the equity shares, and the rate of interest on these shares, respectively, since denationalisation.
§ Mr. ErrollColvilles Limited ceased to be a subsidiary of the Iron and Steel Holding and Realisation Agency in January, 1955.
55WSince that date and up to 30th September, 1958, the gross dividends on preference shares and gross interest on debenture stock paid or payable to the Agency totalled £1,224,904. My right hon. Friend has no responsibility for the dividends on the equity.