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The corsair state of Rabat-Salé
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Series
Department of Trade and Industry (1983-2007): Electrical Engineering, Chemical (Process...
Catalogue reference: NK 77
What's it about?
NK 77
Files in this series include the following subjects: An example of the loan guarantee in practice – in this instance for the liner Queen Mary II; Records on the history of the loan guarantee process; Ship Mortgage Finance Company (SMFC)...
Full description and record details
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Reference (The unique identifier to the record described, used to order and refer to it)
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NK 77
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Title (The name of the record)
- Department of Trade and Industry (1983-2007): Electrical Engineering, Chemical (Process Plant) and Shipbuilding Industries Division and successors: Registered Files (HS Series)
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Date (When the record was created)
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1983-2002
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Description (What the record is about)
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Files in this series include the following subjects:
- An example of the loan guarantee in practice in this instance for the liner Queen Mary II;
- Records on the history of the loan guarantee process;
- Ship Mortgage Finance Company (SMFC) committee meetings and agendas these were often used to decide on who to give loan guarantees to and also contain details on who was involved;
- Records on changes to the loan guarantee scheme which were brought about by an EC Directive;
- A file on a protracted set of decisions on whether or not to be involved in a scheme where Libya were trying to make tankers interesting given subsequent changes in the UK relationship with that country.
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Former department reference (Former identifier given by the originating creator)
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HS
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Legal status (A note as to whether the record being described is a Public Record or not)
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Public Record(s)
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Language (The language of the record)
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English
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Creator(s) (The creator of the record)
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- Department of Trade and Industry, Minerals and Metals Division, 1983-1988
- Department of Trade and Industry, Shipbuilding and Electrical Engineering Division, 1986-1987
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Access conditions (Information on conditions that restrict or affect access to the record)
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Records not yet transferred
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Immediate source of acquisition (When and where the record was acquired from)
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Department for Business, Energy and Industrial Strategy
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Subjects (Categories and themes found in our collection (our subject list is under development, and some records may have no subjects or fewer than expected))
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Accumulation dates (The dates the record was accumulated)
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1983 to 2002
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Accruals (Indicates whether the archive expects to receive further records in future)
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No further accruals expected
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Selection and destruction information (Information about how the record was selected for archiving)
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File by file appraisal
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Administrative / biographical background (Historical or biographical information about the creator of the record and the context of its creation)
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The HS series of files were created by the Shipbuilding and Electrical Engineering Division (SEE), responsible for shipbuilding policy and finance support schemes as well as the marine equipment section. Main responsibility was the Home Shipbuilding Credit Guarantee Scheme. The scheme related to a guarantee given by the Secretary of State under Section 10 of the 1972 Industry Act in respect of a bank loan to a company for the building of a vessel. Essentially the government became the guarantor for the banks in exchange for holding the rights to the first mortgage on the vessel. The Ship Mortgage Finance Company (SMFC) were the Department's agent. Work also related to the Marine Equipment Industry, mostly pertaining to EC Directives, the Marine Technology Foresight Panel and companies in the business.
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Record URL
- https://beta.nationalarchives.gov.uk/catalogue/id/C16422201/
Catalogue hierarchy
2,750 records
Within the department: NK
Records created or inherited by the Department of Trade and Industry
You are currently looking at the series: NK 77
Department of Trade and Industry (1983-2007): Electrical Engineering, Chemical (Process Plant) and Shipbuilding Industries Division and successors: Registered Files (HS Series)
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