HC Deb 30 November 1932 vol 272 cc804-5
52. Mr. MACLEAN

asked the Secretary of State for Scotland what credits were granted in the 12 months to the last convenient date under the Agricultural Credits (Scotland) Act, 1928?

Sir G. COLLINS

The Agricultural Securities Corporation contemplated in Part I of the Act has not yet started operations. As I stated in my reply yesterday to a, question by the right hon. and learned Member for Ross and Cromarty (Mr. Macpherson), the board of directors has been constituted, and I hope that the further stages in the formation of the corporation will be carried through at an early date.

Mr. MACLEAN

Does that give any indication as to when this matter is going to be commenced?

Sir G. COLLINS

It will commence at a very early date, but I cannot say exactly when the Agricultural Credits Corporation will start operations.

Mr. MACLEAN

Will the right hon. Gentleman lay before this corporation the necessity for getting into operation as quickly as possible?

Sir G. COLLINS

I have already done so during the last month.

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