HC Deb 04 June 1981 vol 5 c419W
Mr. Foulkes

asked the Secretary of State for Scotland, pursuant to his reply of 8 April, Official Report, column 295, to the hon. Member for South Ayrshire on Stonefield Vehicles, if the conditional offer of selective financial assistance has now been accepted by Gomba.

Mr. Alexander Fletcher

The offer of selective assistance made to the Gomba UK Group has not yet been accepted by the company. Such offers of assistance remain open for three months from the date of offer.

Mr. Foulkes

asked the Secretary of State for Scotland, pursuant to his reply of 8 April, Official Report, column 295, to the hon. Member for South Ayrshire on Stonefield Vehicles, whether the offer from the Scottish Development Agency to participate in the capital structure of Gomba Stonefield has now been accepted.

Mr. Alexander Fletcher

Gomba has not yet asked the Scottish Development Agency to take up its offer of participation in the equity of Gomba Stonefield. Consequently, the offer remains open.