HC Deb 12 March 1964 vol 691 cc77-8W
33 and 34. Mr. Diamond

asked the Secretary of State for Industry, Trade and Regional Development (1) whether the director to be nominated by the National Film Finance Corporation to the board of British Lion will be required to take account of the interests of the company as a whole or of a particular shareholder only;

(2) whether it will be permissible for the director nominated by the Film Finance Corporation to the board of British Lion to disclose information about the conduct of that company's affairs to a particular shareholder, and not to the general body of shareholders.

Mr. Heath

The first duty of the director nominated by the Corporation will be towards British Lion. Subject to that duty, he will give the Corporation any information he considers it desirable for them to have.