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I am sure that the hon. Gentleman has an honoured place in the Conservative kindergarten on Scottish affairs but I am interested in the attitude of the Secretary of State. Does he accept the point made by the SSEB's chairman that the SSEB cannot be responsibly, sold unless we spell out the taxpayers' liability under clause 88? Does the Minister accept that or does he repudiate it, and, if so, on what grounds? [HON. MEMBERS: "Answer."]
The Secretary of State will not be surprised to know that we shall return to this matter at some length during later stages of the Bill. With such an important statement by such a central figure in the public domain, the Secretary of State is letting himself and the House down by refusing to address himself to those remarks.