§ Mr. Kenneth Bakerasked the Chancellor of the Exchequer whether he intends to give exchange control sanction for the purchase by British Petroleum of the Atlantic marketing network in the event of payment being made in dollars.
§ Mr. Harold LeverThe purchase is being made and financed entirely by 77W British Petroleum's United States subsidiary, B.P. Exploration U.S.A. Incorporated. It will involve no call on the United Kingdom reserves now or in the future and no exchange control consent is required.