§ Mr. Nellistasked the Secretary of State for Trade and Industry what was the agreed purchase price when Self Changing Gears was privatised from British Leyland; what arrangements have been made for the payment of that agreed price; what sanctions are available if those arrangements are not honoured; and if he will make a statement.
§ Mr. Giles ShawThe sale of Self Changing Gears Ltd. to the Cummins Engine Company was completed on 16 May 1986. The financial arrangements are matters for the parties concerned, and Government approval was not required.