HC Deb 09 July 1948 vol 453 c719

Resolution reported: That, for the purposes of any Act of the present Session to amend the Export Guarantees Act, 1939, and the Export Guarantees Act, 1945 (called below "the new Act." "the 1939 Act" and the "1945 Act.") by increasing the limits on the liability which may be undertaken by guarantees given under section one of the 1939 Act or section two of the 1945 Act, it is expedient to authorise any increase in the sums which by virtue of the 1939 Act and the 1945 Act are to be defrayed out of moneys provided by Parliament or the Consolidated Fund, or are to be paid into the Exchequer, being an increase attributable to the new Act raising—

  1. (a) to three hundred million pounds the limit in respect of all the said guarantees;
  2. (b) to fifteen million pounds the limit in respect of those under subsection (4) of section one of the 1939 Act;
  3. (c) to thirty million pounds the limit in respect of those under section two of the 1945 Act.

Resolution agreed to.