HC Deb 13 April 1983 vol 40 cc401-2W
Mr. R. C. Mitchell

asked the Secretary of State for Industry whether he is satisfied that all registrable interests of directors of British Shipbuilders have been entered on the register of interests maintained by him since the corning into force of the Aircraft and Shipbuilding Industries Act 1977; and if he will make a statement.

Mr. Norman Lamont

Section 20 of the Industry Act 1980 removed the requirement to maintain and publish the register of interests of the members of the board of British Shipbuilders. I am satisfied that all registrable interests which were notified by members to the Secretary of State have been registered and published in the corporation's accounts up to the year 1979–80. Although the requirement to maintain a register of members' interests has been removed, all members of the British Shipbuilders board are still required to notify the Secretary of State of their financial interests and of any changes in them.