HC Deb 05 July 1978 vol 953 c207W
Mr.Palmer

asked the Secretary of State for Industry if he has agreed a proposal by British Aerospace to pay a dividend on its public dividend capital.

Mr.Varley

I have given my agreement, with the consent of the Treasury, under section 16(4) of the Aircraft and Shipbuilding Industries Act 1977 to a proposal by British Aerospace to pay a dividend of £1.35 million on its public dividend capital in respect of the accounting year ended 31st December 1977.

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