HC Deb 20 December 1915 vol 77 cc17-8
41. Sir W. PEARCE

asked the Minister of Munitions if there are standard terms and conditions in taking over controlled establishments, and are careful records being maintained; and do the provisions cover loss of profits or future trade and provide for expenditure on new plant?


My hon. Friend will find the information he desires, so far as it is not contained in Sections 4 and 5 of the Munitions of War Act, in the Rules made under the Act dealing with limitation of profits, of which I am sending him a copy. He will see that the Rules provide for proper allowances for expenditure on new plant and buildings installed for the manufacture of munitions and for due consideration being given to such matters as loss of future trade.