§ Mr. Millanasked the Secretary of State for Trade and Industry what parliamentary procedure will be necessary to enable him to implement his intention to dispose of the Government's residual shareholding in British Aerospace.
§ Mr. PattieNo parliamentary procedure will be necessary. Under sections 3(4) and 5(3) of the British Aerospace Act 1980 the Secretary of State may dispose of his shares with the consent of the Treasury. No parliamentary procedure is provided for.