§ 51. Mr. Wingfield Digbyasked the Secretary of State for Trade and Industry how existing contracts in the shipbuilding industry will be defined for the continued eligibility of the shipowner for investment grants.
§ Mr. Anthony GrantContracts for ships will be treated in the same way as contracts for other assets. Whether a contract existed at midnight on 26th October is a question of fact and law on 7W which the applicant must satisfy us in each case. We shall be guided as necessary by legal advice.