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Bill Presented

Volume 885: debated on Friday 31 January 1975

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Industry

Mr. Secretary Benn, supported by the Prime Minister, Mr. Chancellor of the Exchequer, Mr. Secretary Foot, Mr. Secretary Varley, Mr. Secretary Ross, Mr. Secretary John Morris, Mr. Secretary Rees, Mr. Fred Peart, Mr. Eric S. Heffer, Mr. Gregor Mackenzie and Mr. Michael Meacher presented a Bill to establish a National Enterprise Board; to confer on the Secretary of State power to prohibit the passing to persons not resident in the United Kingdom of control of undertakings engaged in manufacturing industry, and power to acquire compulsorily the capital or assets of such undertakings where control has passed to such persons or there is a probability that it will pass; to amend the Industry Act 1972 and the Development of Inventions Act 1967; to make provision for the disclosure of information relating to manufacturing undertakings to the Secretary of State or the Minister of Agriculture, Fisheries and Food, and to trade unions; and for connected purposes: And the same was read the First time; and ordered to be read a Second time upon Monday next and to be printed. [Bill 73.]