§ Mr. Walter Johnsonasked the Secretary of State for Industry when he proposes to authorise the transfer to the National Enterprise Board of the Government's loans to Rolls-Royce (1971) Ltd. and other companies.
§ Mr. VarleyI have consented to the transfer to the National Enterprise Board of the Government's loans to Rolls-Royce (1971) Ltd,. British Leyland Motor Corporation Ltd., Ferranti Ltd., and the Cambridge Instrument Company Ltd., and holdings of loan stock in Dunford and Elliott Ltd. I have laid an appropriate statement before each House of Parliament today in accordance with Section 5 of the Industry Act 1975.