HC Deb 30 July 1909 vol 8 cc1537-8

Advances made under section sixteen of the Labourers (Ireland) Act, 1906 (which are by virtue of that section repayable in like manner as advances under the Land Purchase Acts), shall be repayable as respects advances made before the passing of this Act in like manner as advances made in pursuance of pending purchase agreements, and as respects advances made after the passing of this Act in like manner as advances made in pursuance of future purchase agreements, and in the latter case the rate of interest paid by the Land Commission to the National Debt Commissioners shall be three per cent. per annum instead of two-and-three-quarters per cent. per annum.

Question proposed, "That the Clause stand part of the Bill."

Mr. BIRRELL

I do not move the Amendments standing in my name because I propose on the Report stage to introduce an amended clause which will meet the Amendments of which notice was given by hon. Members below the Gangway, and which will leave labourers' cottages to be financed under the existing scale.

Clause agreed to.