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National Film Finance Corporation

Volume 941: debated on Wednesday 14 December 1977

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asked the Secretary of State for Trade, pursuant to his written answers to the hon. Member for Christchurch and Lymington of 28th November, what steps he proposes to take to ensure that Parliament can ensure that the provisions of the Films Act 1970 relating to the activities of the National Film Finance Corporation, whose loans are required to have reasonable expectations of being able to arrange for the production or distribution of films on a commercially successful basis, are being met, in the light of his statement that the individual earnings of films are regarded as commercially confidential information by the National Film Finance Corporation.

The National Film Finance Corporation's annual reports and statements of accounts, which are available in the Library, allow an overall judgment to be formed of its performance. I am always willing to consider, with the Corporation, suggestions for the improvement of its annual report.