§ 70. Mr. Wingfield Digbyasked the Secretary of State for the Colonies when the Government will exercise their right to appoint extra directors to Messrs. Bailey in Malta.
§ Mr. Iain MacleodThe decision to exercise any right to appoint extra directors to companies in receipt of Government loans is taken in the light of careful consideration of the circumstances in each case. I am not sure that in the present case the exercise of my right to require Bailey (Malta) Ltd. to appoint to their board a director nominated by me would be the best way of securing for the board any strengthening which may be desirable.