HC Deb 15 June 1976 vol 913 cc122-3W
Mr. Clemitson

asked the Secretary of State for Trade (1) what proportion of the trusts which have been involved in the purchase of shares held by or for the benefit of employees under Section 54(1)(b) of the Companies Act 1948 are trusts concerned with the whole of the employees of the companies concerned;

(2) how many companies have taken advantage of the provisions of Section 54(1)(b) of the Companies Act 1948 to provide money for the purchase of their own shares by trustees, such shares to be held by or for the benefit of employees of the company.

Mr. Clinton Davis

I regret that this information is not available.

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