HC Deb 16 June 1931 vol 253 cc1707-8

Resolution reported, That it is expedient—

  1. (a) to authorise the payment out of moneys provided by Parliament of advances to certain companies in respect of sugar manufactured by them at their existing factories in Great Britain during a period of one year commencing on the first day of October, nineteen hundred and thirty-one, from beet grown in Great Britain, at the rates and subject to the conditions hereinafter mentioned, that is to say—
    1. (i) in respect of any sugar manufactured while the market price of imported sugar, as determined by the Minister of Agriculture and Fisheries, is less than seven shillings and ninepence, there shall be made an advance equivalent to one seventy-eighth part of the subsidy payable in respect of the sugar under the British Sugar (Subsidy) Act, 1708 1925, for every penny, or part of a penny by which the market price as so determined falls short of seven shillings and ninepenee, so, however that no advance shall exceed one shilling and threepence per hundredweight, that is to say, fifteen seventy-eighth parts of the subsidy;
    2. (ii) the maximum quantity of sugar in respect of which advances may be made shall be three million six hundred thousand hundredweights;
    3. (iii) no advance shall be made to a company unless the Minister of Agriculture and Fisheries is satisfied, as respects all sugar manufactured, or to be manufactured, by the company from home-grown beet during the said period, that the price paid, or agreed to be paid, to the grower represents a rate equivalent to, at least, thirty-eight shillings per ton for beet having a sugar content of fifteen and one-half per cent.;
  2. (b) to provide for the recovery in certain events of the whole or some part of advances so made as aforesaid and for the remission of any balances which have not become so recoverable before the first day of October, nineteen hundred and thirty-four; and
  3. (c) to make such incidental and consequential provisions as are necessary or expedient in relation to the matters aforesaid."

Bill ordered to be brought in upon the said Resolution by Dr. Addison, Mr. W. Adamson and Mr. Pethick-Lawrence.