HC Deb 16 November 1978 vol 958 cc332-3W
Mr. Wiggin

asked the Secretary of State for Industry if the National Enterprise Board seeks his permission before selling a company or part of a company; and in what circumstances such a sale is allowed to a foreign buyer.

Mr. Les Huckfield

The board is required under its guidelines to obtain the approval of the Secretary of State to the disposal of any voting shares or stock which it holds and each case for disposal is considered on its merits.