HC Deb 22 March 1907 vol 171 cc1290-1

To ask the Secretary of State for War under what statutory or other authority the War Office has power to take a transfer from the Public Works Loan Commissioners of a debt owing to that body in respect of drill halls and ranges for Volunteer corps, using a surplus from the Army Votes for that purpose, and whether the transfer of the debt has in fact been made, or when it will be made.

(Answered by Mr. Secretary Haldane.) The transfer of the mortgages has been effected by an agreement which is a good transfer in equity operating by way of trust. Statutory authority will be taken by means of a clause in the annual Public Works Loans Bill to vest the mortgages thus transferred in equity in the Secretary of State for War for the time being.