HC Deb 16 December 1976 vol 922 c852W
Mr. Sillars

asked the Chancellor of the Exchequer, taking the assumptions on which the last Treasury Scottish budget was based, and adding any revenue from North Sea oil, what is his estimate of the net borrowing requirement of that budget.

Mr. Robert Sheldon

Since oil revenues will accrue to the United Kingdom as a whole there is no satisfactory basis on which such revenues can be attributed to Scotland.