§ 23. Sir W. de FRECE, asked the Financial Secretary to the Treasury the liability under the Trade Facilities Act in respect of guarantees given to sugar-beet factory enterprises; whether any similar applications are now under con-consideration, and, if so, what; and the latest date by which any such applications can be received and considered?
§ Mr. McNEILLAs regards the first part of the question, I would refer my hon. Friend to the reply given to the hon. Member for Blackburn (Mr. Duckworth) on 15th pril last, of which I am sending 431 him a copy. The total sum guaranteed is £1,650,000. I cannot make any statement about applications under consideration until the question of guarantee has been decided. As regards the third part, the Advisory Committee have power under the Trade Facilities Act, 1926, to consider applications until 31st March, 1927, unless the maximum amount of loans which may be guaranteed under that Act is reached at an earlier date.