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52.
Mr. Newens
asked the Secretary of State for Industry what progress has been made to date in formulating proposals for the establishment of a co-operative development agency; and if he will make a statement.
Mr. Meacher
As my right hon. Friend the Secretary of State said in a written reply on 19th May, the Government are considering the proposal to establish a co-operative development agency. We are not in a position to make a statement on the timing of introduction of any legislation.