HC Deb 19 March 1997 vol 292 c649W
Sir David Mitchell

To ask the Secretary of State for Northern Ireland if he will make a statement on the future of Ulster Savings. [21393]

Sir John Wheeler

All new investments in Ulster Savings ceased with effect from 1 June 1991, although arrangements for reinvestment were retained. Having given careful consideration to the findings of a further policy review, I have decided that the facility to reinvest

Distributing body Agreement date Award date Recipient Award amount £
Scottish Sports Council 20 March 1996 21 March 1996 University of Strathclyde 474,500
Sports Council 22 April 1996 1 May 1996 University of Birmingham 131,300
Scottish Sports Council 26 June 1996 3 July 1996 Gordon Sports Medicine Centre 5,900
Sports Council 21 October 1996 6 November 1996 National Sports Medicine Institute 2,702,738
Total 3,314,438