§ Mr. Gryllsasked the Secretary of State for Industry (1) what is the amount standing to the debit of the special loan account made available by Midland Bank Limited to Chrysler UK Limited, in accordance with the agreement between the Government and Chrysler;
(2) how much principal has been repaid to reduce the special loan account made available by Midland Bank Limited to Chrysler UK Limited, in accordance with the agreement reached between the Government and Chrysler.
Mr. Alan WilliamsDetails of the Midland Bank loan made available to Chrysler UK under the terms of the agreement between the Government and Chrysler of 5th January 1976 are contained in the letter from Midland Bank to Chrysler UK Ltd of 5th January. A copy of this letter was placed in the Library of the House together with the 419W main agreement and other supporting documents on 19th January 1976. The extent to which this facility has been utilised is a matter between Chrysler UK Ltd and their bankers.