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Rolls-Royce Ltd

Volume 86: debated on Monday 11 November 1985

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asked the Secretary of State for Trade and Industry how it is proposed to fund preliminary expenses in connection with the sale of shares in Rolls-Royce.

Subject to parliamentary approval of the necessary supplementary estimate, a sum of £100,000 will be required in the current financial year. The new cash limit created for class IV Vote 27 will be offset be a reduction of £50,000 each in the cash limits of class IV Vote 6 from £379,449,000 to £379,399,000 and class IV Vote 17 from £146,413,000 to £146,363,000 and will not therefore involve any net change in public expenditure.