§ Mr. Pollockasked the Secretary of State for Scotland whether, as a result of the termination of the 1968 contract between the North of Scotland Hydro-Electric Board and the British Aluminium Company, the external finance limits for the Scottish electricity boards for 1981–82 have been revised.
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§ Mr. YoungerYes. Because the termination of the contract brought about a settlement of the dispute between the North of Scotland Hydro-Electric Board and the British Aluminium Company, and because the South of Scotland Electricity Board was required to increase its borrowing to purchase the company's Iranche of Hunterston B, the financing limits have been revised. The revised limits, and the previous limits, are shown in the following table:
NSHEB SSEB £ million £ million Previous limit 32 77 Revised limit -45 154 — — Change -77 +77