§ Mr. Goldingasked the Secretary of State for Scotland what target percentage returns on capital have been set for the North of Scotland Hydro-Electric Board and the South of Scotland Electricity Board, respectively, for the present year; and how those targets have been calculated.
§ Mr. Gordon CampbellThe financial objectives proposed for the period up to 333W 1973–74 are respectively 6 per cent. and 7 per cent., after depreciation, on average net assets. The lower figure for the North of Scotland Hydro-Electric Board reflects special features of its system and area.