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Industry Bill

Volume 890: debated on Monday 14 April 1975

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asked the Secretary of State for Industry what is his understanding of productivity for the purposes of Clause 21(2) (l) of the Industry Bill.

My understanding is that contained in Report No. 36 of the National Board for Prices and Incomes (Cmnd. 3311) that productivity is a relation between inputs and output.

asked the Secretary of State for Industry what is his understanding of an estimate as to a state of facts which will obtain at a future specified date for the purposes of Clause 21(4) of the Industry Bill.

I understand by these words an estimate as to what the position will be at some specified future date in respect of any of the matters listed in Clause 21(2).