HC Deb 14 July 1944 vol 401 cc2089-90

Resolution reported: That, for the purposes of any Act of the present Session to authorise the giving of further financial assistance to the Herring Industry Board and to herring fishermen and persons desiring to engage in the herring industry, to amend the Herring Industry Acts, 1935 to 1938, and for purposes connected with the matters aforesaid, it is expedient,—

  1. (a) to authorise the payment out of moneys provided by Parliament—
    1. (i) of grants to herring fishermen and persons desiring to engage in the herring 2090 industry for the purpose of assisting in the provision of boats and equipment which could not be provided without such assistance, so, however, that a grant in respect of any boat or equipment shall not exceed one-third of the total cost thereof and the aggregate of the grants shall not exceed eight hundred and twenty thousand pounds;
    2. (ii) in respect of the general administrative expenses of the Herring Industry Board (including the expenses of the Herring Industry Advisory Council and of any committee appointed by the Board), of sums not exceeding seventy-five thousand pounds;
    3. (iii) in respect of such other expenses of the said Board as may be specified in the said Act, of sums not exceeding the amount which with the sums paid in respect of the general administrative expenses of the Board will amount to two hundred and fifty thousand pounds;
    4. (iv) of advances not exceeding in the aggregate one million and seven hundred thousand pounds to the said Board towards their expenses in the exercise of such of their powers as may he specified in the said Act;
  2. (b) to authorise the payment into the Exchequer in accordance with the said Act of sums received by way of interest on, or repayment of the principal of, any advances made to the said Board;
  3. (c) to authorise the Treasury to remit any sum repayable by way of principal of any such advance as aforesaid as to which they are satisfied that it cannot be repaid."

Resolution agreed to.