§ During the period of two years after the pausing of this Act, and subject to the provisions of any Regulations made by the Treasury, the Board may make or guarantee an advance by way of loan to any tenant of a small holding provided by the Board under the Small Holding colonies Acts, 1916 and 1918, or to any new holder of a small holding under the Small Landholders (Scotland) Acts, 1886 to 1911, as amended by this Act, who is regis- 367 tered as such after the passing of this Act, of such sums as the Board think necessary for the purchase of live stock, seeds,. fertilisers, and implements required for the purposes of the holding; and the making of such advances shall be a purpose for which the Board may borrow money under the Section of this Act relating to loans to the Board.
§ Mr. MUNROI beg to move, after the word "make" ["the Board may snake or guarantee"], to insert the words "or provide for making."
This is a verbal Amendment in consequence of a promise I made upstairs on this Clause. The Clause deals with advances to smallholders. It is part of the emergency scheme that money will be available for two years only. The criticism which was made, and which I desire to meet, was that the individual tenants or holders might not be actually on the land at the end of the two years, although the land might have been selected. That criticism came from the hon. and gallant. Member for Aberdeen (Major M. Wood). I have endeavoured to meet his criticism by this Amendment.
Amendment agreed to.
Further Amendment made: After the word "making" ["and the snaking of such advances"] insert the words "or provision for the making."—[Mr. Munro.]
- SECOND SCHEDULE.
- Minor and Consequential Amendments of the Act of 1911. 128 words
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