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Volume 81: debated on Wednesday 19 June 1985

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asked the Chancellor of the Exchequer if he will make a statement about the costs of the intended sale of shares in Britoil.

The Government's intention to sell their residual holding in Britoil was announced on 2 May, at column 246. Pending parliamentary approval of the necessary Supplementary Estimate, urgent payments in connection with preliminary and main sale expenses will be met by repayable advances from the Contingencies Fund.