Crown Agents

Part of the debate – in the House of Commons at 12:00 am on 21 November 1973.

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Photo of Hon. Richard Wood Hon. Richard Wood , Bridlington 12:00, 21 November 1973

It means purely that the trustee analogy will not be wholly restrictive, that the Crown Agents can make investments, if they so choose, outside the trustee analogy, and would be guided in doing so not only by the executives of the Crown Agents' staff themselves but by the non-executives, who would be appointed after consultation with me.