HC Deb 29 May 1934 vol 290 cc154-5

Considered in Committee under Standing Order No. 69.

[Captain BOURNE in the Chair.]


"That, for the purpose of any Act of the present Session relating to finance, it is expedient to authorise—

  1. (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
  2. (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.

Forward to