Mr. R. C. Mitchellasked the Secretary of State for Industry pursuant to his answer of 13 April, Official Report, c. 407–8, whether Mr. Maurice Elderfield, former financial director of British Shipbuilders, disclosed his interest in Saga Ltd. at the time when Vosper Thornvcroft (UK) Ltd., a subsidiary of British Shipbuilders, concluded the agreement with Saga Ltd., of 28 March 1980.
§ Mr. Butcher[pursuant to his reply, 22 April 1983, c. 190.]: In February 1980 Mr. Elderfield formally sought the consent of the Secretary of State to his holding the office of chairman of Saga Limited. He advised the Secretary of State that the appointment was non-executive and unremunerated. No shareholding in Saga was declared. Mr. Edlerfield's declared interest in Saga did not fall within the categories which were at that time required to be registered and published in the corporation's report and accounts (which are set out on page 40 of British Shipbuilders' 1979–80 accounts).