HC Deb 12 April 1948 vol 449 c750

Considered in Committee under Standing Order No. 69.—(King's Recommendation signified.)

[Major MILNER in the Chair]

Resolved: That it is expedient to authorise the issue out of the Consolidated Fund

  1. (a) of the sum of five hundred million pounds for the permanent annual charge for the National Debt for the current financial year, instead of the sum of three hundred and fifty-five million pounds;
  2. (b) of such sums as fall to be issued therefrom by reason of the treating of the Defence Bonds and Savings Certificates issued by the Government of Palestine, and the money raised thereby, as securities issued, and money raised, under the National Loans Act, 1939, in the United Kingdom."—[Sir S. Cripps.]

Resolution to be reported Tomorrow.