HC Deb 03 July 1951 vol 489 c2226

Resolution reported; That, for the purposes of any Act of the present Session to authorise the making of additional loans to the company formed for the purpose of managing the Festival Gardens provided in Battersea Park as part of the Festival of Britain, 1951, it is expedient to authorize—

  1. (a) the payment out of moneys provided by Parliament of sums (not exceeding in the aggregate one million pounds) required by a Minister of the Crown for the purpose of making loans under the said Act of the present Session to the said company;
  2. (b) the payment into the Exchequer of any sums received by any such Minister by way of interest on, or the repayment of, loans made by him under the said Act of the present Session to the said company; and
  3. (c) the release by any such Minister, in whole or in part, of claims in respect of loans so made.—[Mr. Gaitskell.]

Resolution agreed to.