HC Deb 21 November 1974 vol 881 c525W
Mr. Golding

asked the Secretary of State for Trade what payment the British Airways Board has made to him for 1973–74 in consideration of the public dividend capital it has received.

Mr. Clinton Davis

The board has made a payment of £6,133,500 for 1973–74 in pursuance of Section 43(2) of the Civil Aviation Act 1971. This payment represents a dividend of 4½ per cent. on the public dividend capital totalling £136.3 million which was outstanding at 31st March 1974.

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