§ Resolution reported,
§ That, for the purposes of any Act of the present Session to provide for the payment out of moneys provided by Parliament of grants in respect of the acquisition of new vessels and engines for use in the white fish and herring industries, and of a subsidy in respect of white fish, it is expedient to authorise:—
§ A. The payment out of moneys provided by Parliament—
- (1) Of sums required by the White Fish Authority and the Herring Industry Board respectively for the payment of grants to persons engaged or proposing to become engaged in the white fish and herring industries respectively, in respect of expenditure incurred in or in connection with the acquisition of new fishing vessels not exceeding one hundred and forty feet in length and new engines for fishing vessels not exceeding that length, being in each case grants made in pursuance of applications approved within ten years after the passing of the said Act of the present Session and not exceeding in the aggregate—
- (a) in the case of grants made by the said Authority, nine million pounds;
- (b) in the case of grants made by the said Board, seven hundred and fifty thousand pounds.
- (2) Of expenses incurred by the appropriate Ministers referred to in the said Act of the present Session in the payment of grants with a view to promoting the landing of white fish in the United Kingdom, being grants made to owners or charterers of fishing vessels not exceeding one hundred and forty feet in length engaged in catching such fish, in respect of fish landed or voyages ended on or before the 31st March, 1958, and not exceeding in the aggregate seven million five hundred thousand pounds or such greater sum (not exceeding ten million pounds) as may be prescribed by an order made in pursuance of the said Act of the present Session.
- (3) Of any increase in the sums payable out of moneys so provided which may be attributable to provisions of the said Act of the present Session—
- (a) raising to twenty million pounds the limit imposed by subsection (1) of section seventeen of the Sea Fish Industry Act, 1951, upon the outstanding amount of the sum which may be advanced to the said Authority out of moneys so provided under that subsection;
- (b) extending until the expiration of ten years after the passing of the said Act of the present Session the period during which advances or grants may be made to the said Authority under the said section seventeen;
- (c) raising to three million pounds the limit imposed by subsection (1) of section five of the White Fish and Herring Industry Act, 1948, upon the aggregate amount of the grants which may be made to the said Board out of moneys so provided under that subsection, and extending until the expiration of ten years after the passing of the said Act of the present Session the period during which expenses qualifying for such grants must be incurred.
- (4) Of expenses incurred by the Ministers referred to in the said Act of the present Session in making advances to the said Board within ten years after the passing of that Act, subject to a limit of three million five hundred thousand pounds on the total amount outstanding at any time of the sums so advanced or advanced to the said Board under subsection (1) of section four of the Herring Industry Act, 1944.
- (5) Of allowances to members of the Herring Industry Advisory Council.
§ B. The payment into the Exchequer of any sums required to be so paid under or by virtue of any provisions of the said Act of the present Session.
§ C. The remission by direction of the Treasury of sums representing the principal of advances made to the said Authority out of the White Fish Marketing Fund where it is shown as provided by the said Act of the present Session that the said sums cannot be repaid.