HC Deb 01 March 1946 vol 419 cc2296-7

Considered in Committee, under Standing Order No. 69.

[Major Milner in the Chair]

Resolved: That for the purposes of any Act of the present Session to extend the powers of the Treasury to raise money under section one of the National Loans Act, 1939, to make provision as to certain obligations arising out of or in connection with the war, to charge certain payments under the War Damage Act, 3943, on the Consolidated Fund to provide for a temporary increase in the capital of the Civil Contingencies Fund, to amend the Defence Loans Act, 1937, and to increase the salary of the Comptroller and Auditor-General, it is expedient to authorise—

(a) the raising under the National Loans Act, 1939, of—

  1. (i) any. money required for raising any supply granted to Hi.; Majesty for the service of the year ending the thirty-first day of March, nineten hundred and forty- 2297 seven, and in addition a sum not exceeding two hundred and fifty million pounds; and
  2. (ii) any money required for the purpose of providing any sums issued out of the Consolidated Fund under sub-paragraphs (i), (ii) and (iii) of paragraph (d) of this Resolution;
  1. (b) the treating as a liability arising under a security issued under the National Loans Act, 1939, of any liability to make payments over a period of years which, under any agreement between His Majesty's Government in the United Kingdom and any other Government concerning obligations arising out of or in connection with the war, as accepted by. His Majesty's Government of the United Kingdom in respect of those obligations, or in respect of sums advanced by that other Government to enable those obligations to be discharged;
  2. (c)the payment into the Exchequer of any sum advanced as aforesaid by the other Government, and the issue thereof out of the Consolidated Fund for the purposes of discharging the said obligations;
  3. (d)the issue out of the Consolidated Fund of any sums required—
    1. (i) for payments under the War Damage Act, 1943, by the War Damage Commission in respect of war damage, or in respect of interest on value payments or on payment to be made under section eighteen of that Act;o
    2. (ii) for payments under the said Act by the Board of Trade in respect of war damage to goods or in respect of interest on any such payments; or
    3. (iii) for increasing the capital of the Civil Contingencies Fund until the end of the year nineteen hundred and fifty by not more than two hundred and fifty million pounds; or
    4. (iv) by reason of the increase, as from the first day of January, nineteen hundred and forty-six, of the salary of the Comptroller and Auditor-General to three thousand five hundred pounds per annum; and
    (e) the payment into the Exchequer of all repayments of sums issued to the Civil Contingencies Fund under paragraph (d) of this Resolution, and the issue out of the Consolidated Fund of the sums paid into the Exchequer under this paragraph and their application in redeeming or repaying debt—King's Recommendation signified.)—[Mr. Glenvil Hall.].

Resolution to be reported upon Wednesday next.