§ Mr. Terry DavisTo ask the Secretary of State for Trade and Industry what action he has taken in response to proposals relating to the Inland Revenue from British Aerospace referred to in a letter which was sent by Professor Roland Smith to the Secretary of State for Trade and Industry between 6 July and 12 July 1988.
§ Mr. Ridley[holding answer 11 December 1989]: It was agreed that British Aerospace could seek a view in advance from the Inland Revenue about the applicability of section 768 of the Income and Corporation Taxes Act 1988 to proposals to be made by British Aerospace following its acquisition of Rover Group.