HC Deb 13 July 1908 vol 192 cc415-6
MR. FELL

I beg to ask Mr. Chancellor of the Exchequer if he will state from what source the money will be provided to pay the pensions under the Old-Age Pensions Bill between the end of March, 1909, and the date when further funds will be available under the Finance Bill of 1909.

MR. HOBHOUSE

In ordinary course an Estimate of the sum required for old-age pensions in 1909–10 will be presented to this House early next session. A Vote on Account will be taken before the 31st March, 1909, sanctioning expenditure under that Estimate from the 1st April up to the probable date of the passing of the Appropriation Bill. A Consolidated Fund Bill will be passed, also before the 31st March, giving power to make issues from the Consolidated Fund to defray the expenditure included in the Vote on Account. Any measures that may be necessary in regard to the revenue of the Consolidated Fund in that year will be dealt with in the Budget.