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Government Aid

Volume 931: debated on Tuesday 3 May 1977

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asked the Secretary of State for Industry how much money has been paid out to date under Section 8 of the Industry Act selective investment scheme.

None yet. The payment of assistance is normally by tranches following proportions of project expenditure by the company. To date, several hundred inquiries have been received under the selective investment scheme, and 90 cases are under appraisal covering a broad range of industry.