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British Gas Corporation

Volume 19: debated on Friday 12 March 1982

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asked the Secretary of State for Energy if he will announce a post-levy external financing limit for the British Gas Corporation for the financial year 1981–82.

I have agreed with the British Gas Corporation that its post-levy external financing limit for the financial year 1981–82 is £49 million. This figure is the equivalent of the figure of minus £317 million set in March 1981, which did not take account of the corporation's payments under the Gas Levy Act 1981.