§ Mr. Gryllsasked the Secretary of State for Scotland if he will give details of the grant to British Shipbuilders to acquire Ailsa Shipbuilding Company Limited; when it is due for repayment; and whether it is to be treated as public dividend capital.
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§ Mr. Gregor MacKenzieI refer the hon. Member to paragraph 50 of the annual report on the Industry Act for the year ended 31 March 1978. It is not the practice to provide further details of individual cases where matters of commercial confidentiality are involved. I can confirm however that the offer was accepted and that since it is a grant which is involved, no repayment is required nor does the question of treatment as public dividend capital arise.