§ MR. RENDALLI beg to ask the hon. Member for South Somerset, as representing the President of the Board of Agriculture, whether the Board's model rules as to the profits of a co-operative society letting small holdings and allot- 972 ments as laid down by subsections (1) and (5), will allow a society to put to the special reserve accounts such moneys as it thinks are required to provide against losses which may be incurred through defaulting tenants.
§ SIR EDWARD STRACHEYThe rules provide for the creation of a reserve fund applicable for the purpose to which my hon. friend refers.
§ MR. JESSE COLLINGSHave the Board any power to limit the profits, seeing that this House expressly refused to put into the Bill any such limitation? Further, will increased profits by these trading companies be made by an increase of rents?
§ SIR EDWARD STRACHEYCertainly the Board have power to prevent more than a certain profit being made.