HC Deb 03 June 1937 vol 324 c1161
35 Mr. Michael Beaumont

asked the Minister of Health whether he has sanctioned a loan on the part of the Burnley Corporation to enable that corporation to build a factory to be let to a foreign company; and, if so, under what Act Burnley is authorised to undertake this form of trade?

Sir K. Wood

Yes, Sir. I am, however, informed that while the company is a subsidiary of a foreign concern, it is registered in England. As regards the second part of the question, I would refer my hon. Friend to Section 47 of the Burnley Corporation Act, 1925.