Welsh Development Agency (Hansard, 2 July 1996)

HC Deb 02 July 1996 vol 280 cc382-3W 382W

§ Mr. Wigley
To ask the Chancellor of the Exchequer if he will make a statement on the role of his Department in relation to the powers of the Welsh Development Agency in securing inward investment. [34942]

§ Mr. Waldegrave
The powers of the Welsh Development Agency are set out in the Welsh Development Agency Act 1975.
Guidelines to the agency in relation to its inward investment activities are issued by my right hon. Friend the Secretary of State for Wales. The Treasury approves the guidelines and a copy of the current version, issued in March 1995, can be found in the Libraries of the House.
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