HC Deb 02 May 1978 vol 949 c112W
Mr. Alexander Fletcher

asked the Secretary of State for Scotland how the Scottish Development Agency may determine under its guidelines whether or not to meet the liabilities of its subsidiary or associated companies in the event of their insolvency.

Mr. Gregor MacKenzie

This is a matter for the Scottish Development Agency.

Mr. Alexander Fletcher

asked the Secretary of State for Scotland if he will list the subsidiary or associated companies of the Scottish Development Agency whose creditors have a specific guarantee from the Government.

Mr. Gregor MacKenzie

No such guarantees have been given.

Mr. Alexander Fletcher

asked the Secretary of State for Scotland what payments have been made, or are due to be made, by the Scottish Development Agency to meet the liabilities of its subsidiary or associated companies; and if he will list the companies involved.

Mr. Gregor MacKenzie

No such payments have been made. The question of any such payments in the future is a matter for the agency.