HC Deb 11 December 1990 vol 182 c374W
Mr. Worthington

To ask the Secretary of State for Scotland if he will state the proceeds of the sale of the Scottish Development Agency property portfolio in 1990–91; and how these proceeds have been used.

Mr. Allan Stewart

[holding answer 10 December 1990]: Receipts for the period 1 April 1990 to 30 November 1990 in respect of all disposals of property amount to £58.5 million. These proceeds, taken together with the agency's general business receipts and with grant-in-aid provision, are being used to finance the agency's gross expenditure during the year.