HC Deb 03 July 1935 vol 303 c1854
32. Captain STRICKLAND

asked the Minister of Transport what will be the estimated additional cost to the London Passenger Transport Board during the 12 months following 8th August, 1935, occasioned by the withdrawal of the rebate on heavy oils?

Mr. HORE-BELISHA

I am informed by the London Passenger Transport Board that, on the basis of the number of oil-engined vehicles in the fleet at the present time, the net additional cost to the board during the 12 months following 8th August, 1935, occasioned by the withdrawal of the rebate on heavy oils is estimated to amount to £55,000, after allowing for the reduction in licence duty on heavy oil vehicles from 1st August.