HC Deb 06 February 1945 vol 407 c1896
57. Mr. Douglas

asked the Chancellor of the Exchequer whether the operations of the Finance Corporation for Industry, Limited, and of the Industrial and Finance Corporation, Limited, respectively, will be confined to the making of loans, or whether they will undertake the purchase of shares in other undertakings.

Sir J. Anderson

I understand that the memorandum of association of each company will cover the provision of finance by means of loans or the subscription of loan or share capital.