§ 40. Mr. Kenneth Bakerasked the Secretary of State for Trade and Industry what representations he has made to the United States Government on the introduction of a 7½ per cent, investment allowance that applies only to capital equipment manufactured in the United States of America and not to capital equipment that is imported.
§ Mr. NobleRepresentations were made to the U.S. authorities on 13th September and on 4th October. We released the text of the first aide-memoire on 6th October and are circulating it together with the aide-memoire of 4th October in the OFFICIAL REPORT.
Following are the aides-memoire: