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Scottish Development Agency

Volume 949: debated on Tuesday 2 May 1978

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asked the Secretary of State for Scotland how the Scottish Development Agency may determine under its guidelines whether or not to meet the liabilities of its subsidiary or associated companies in the event of their insolvency.

asked the Secretary of State for Scotland if he will list the subsidiary or associated companies of the Scottish Development Agency whose creditors have a specific guarantee from the Government.

asked the Secretary of State for Scotland what payments have been made, or are due to be made, by the Scottish Development Agency to meet the liabilities of its subsidiary or associated companies; and if he will list the companies involved.

No such payments have been made. The question of any such payments in the future is a matter for the agency.