HC Deb 13 July 1949 vol 467 cc612-3
Mr. Woodburn

I beg to move, in page 36, line 31, column 2, to leave out "Subsection (6)," and to insert "Subsections (6) and (8)."

This Amendment repeals an obsolete provision in the Act of 1925 giving housing associations power to borrow at a rate of interest in excess of six per cent. It is an Amendment preparatory to consolidation of the Housing Acts.

Amendment agreed to.

Mr. Woodburn

I beg to move, in page 36, line 34, column 2, at end, to add: or to such persons as are mentioned in paragraph (b) of subsection (2) of the section. This Amendment explains itself. It gives private persons in Scotland as in England the right to borrow for housing purposes from the Public Works Loans Commissioners.

Amendment agreed to.