§ 54. Mr. O'Malleyasked the Minister of Power if, in view of the facts that while Colvilles Ltd. have incurred interest liability for 1962 and 1963 to the amount of £4,549,264 in respect of money loaned from the Consolidated Fund, they have not paid this sum and that they have paid dividends on ordinary shares of 16 per cent., 13 per cent. and 12 per cent. in 1961, 1962 and 1963, respectively, totalling £4,697,886, he will review the loan agreement with that company with a view to assigning the properties of the company to Her Majesty's Government by way of security.
§ Mr. ErrollThe agreement provides for taking security. With the completion of the loan, the Government are doing so.