§ Mr. Gouldasked the Secretary of State for Industry whether he will make a statement about the financial provisions for the organising committees for British Aerospace and British Shipbuilders.
§ Mr. VarleyI propose that such expenditure as the Committees may incur on necessary preparatory work to enable the two Corporations to exercise their statutory functions after Royal Assent to the Aircraft and Shipbuilding Industry Bill shall be met from the Contingencies Fund. The fund will be reimbursed by the two Corporations concerned when they are set up.