HC Deb 03 December 1953 vol 521 c1397

Resolution reported: That, for the purposes of any Act of the present Session to extend the period during which loans and advances may be made under the Cinematograph Film Production (Special Loans) Acts, 1949 to 1952, to authorise the National Film Finance Corporation to enter into special arrangements with respect to certain loans, and for purposes connected therewith, it is expedient to authorise—

  1. (a) any increase attributable to the provisions of the said Act of the present Session extending the said period from five years to eight years in the sums which under or by virtue of the said Act of 1949 are to be or may be issued out of the Consolidated Fund, paid out of moneys provided by Parliament, raised by borrowing, remitted or paid into the Exchequer;
  2. (b) the remission in whole or in part, where any such arrangements have been entered into with respect to a loan, of payments by the said Corporation to the Board of Trade, being payments of amounts in or towards repayment of any advance made by the Board under section four of the said Act of 1949 and used for the purposes of that loan or payments of interest on any sums for the time being outstanding in respect of any such advance.

Resolution agreed to.