§ Mr. Sillarsasked the Secretary of State for Scotland how many applications for assistance under the Industry Act he has now received; and what is the level of assistance so far approved.
§ Mr. William RossI assumed responsibility for selective financial assistance under Section 7 of the Industry Act 1972 on 1st July 1975. Between that date and 30th September 1975, 42 applications were received, and 40 offers of assistance amounting to £10.2 million were made in respect of projects with an estimated total investment of £174 million. A number of these offers relate to applications made before 1st July.
Since the Industry Act came into force in August 1972, and up to the end of September 1975, 477 offers of assistance amounting in all to more than £54 million have been made for projects in Scotland with a related total investment of £473 million.