Skip to main content

National Enterprise Board

Volume 958: debated on Thursday 16 November 1978

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for Industry if the National Enterprise Board seeks his permission before selling a company or part of a company; and in what circumstances such a sale is allowed to a foreign buyer.

The board is required under its guidelines to obtain the approval of the Secretary of State to the disposal of any voting shares or stock which it holds and each case for disposal is considered on its merits.