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Coal Industry

Volume 978: debated on Wednesday 6 February 1980

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asked the Secretary of State for Energy whether, pursuant to his reply, Official Report, 13 December 1979, column 743, he has any adjustment to make to the cash limit on his Class IV, Vote 8 for 1979–80.

I announced on 13 December 1979 that the Government are making available to the NCB in the current financial year up to £255 million in grants at 1979–80 outturn prices; this will not involve any change in the board's external financing limit £709 million for 1979–80 set in June 1979. Of the £255 million, some £159,324,000 will be subject to the cash limit on my Depart- ment's Industrial Support Vote (Class IV, Vote 8) which is currently set at £53,055,000, but after taking into account this grant assistance and the current forecast for outturn for the Vote, the total provision will be increased, subject to parliamentary approval by £146,200,000 to £199,255,000. This will not involve any increase in the planned total of public expenditure.