§ Considered in Committee under Standing Order No. 69.
§ [Captain BOURNE in the Chair.]
§ Resolved,
§ "That, for the purpose of any Act of the present Session relating to finance, it is expedient to authorise—
- (a) the issue out of the Consolidated Fund of any sums required for fulfilling any guarantee given by the Treasury under the said Act in respect of a loan issued solely for the purpose of providing for the redemption before maturity of another loan in respect of which a guarantee has been given (whether before or after the passing of this Resolution) by the Treasury, subject to the Treasury having been satisfied before giving the first-mentioned guarantee that the substitution thereof for the guarantee of the loan to be redeemed would benefit the Exchequer; and
- (b) the payment into the Exchequer of any moneys paid in or towards repayment of any sum issued out of the
155 Consolidated Fund as aforesaid."—(King's Recommendation signified).—[Mr. Hore-Belisha.]
§ Resolution to be reported To-morrow.
§ The remaining Orders were read, and postponed.