§ 40. Mr. WELLOCKasked the Minister of Transport if, in view of the statutory limitations placed on dividends of electrical undertakings, he can supply figures showing what transfers, if any, of funds from reserves to capital account in the form of bonus shares have taken place in those electricity undertakings whose area of distribution has been enlarged as a result of the decisions of the Electricity Commissioners?
§ Colonel ASHLEYI am not aware that any electricity undertaking has transferred funds from reserves to capital account in the form of bonus shares as the result of its area of distribution having been enlarged.