HC Deb 18 February 1932 vol 261 cc1819-20
72. Mr. ALBERY

asked the Financial Secretary to the Treasury under what circumstances a Treasury guarantee was given for the sum of £206,000 on behalf of the North Wales Power Company, Limited?

Major ELLIOT:

This guarantee was given under Part I of the Development (Loan Guarantees and Grants) Act, 1929, on the recommendation of the Advisory Committee set up under the Act.

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