HC Deb 15 October 1969 vol 788 cc93-4W
58. Mr. John Lee

asked the President of the Board of Trade if he will seek to amend the Companies Act to compel companies in receipt of development grants to disclose in their annual returns details of expenditure of such grants in order to disclose any wasteful expenditure.

Mrs. Gwyneth Dunwoody

No, Sir. The conditions attaching to investment grants and building grants are designed to ensure that these grants are used effectively for the purposes which the legislation intended.