§
Resolution reported:
That, for the purposes of any Act of the present Session to increase the amount of advances which may be made to development corporations under section twelve of the New Towns Act, 1946, it is expedient to authorise any increase, attributable to the provisions of the said Act of the present Session raising to one hundred and fifty million pounds the limit of one hundred million pounds imposed in respect of such advances by subsection (1) of the said section twelve (as amended by the New Towns Act, 1952), in the sums which, under or by virtue of the said Act of 1946 or section two of the Licensed Premises in New Towns Act, 1952, are to be or may be issued out of the Consolidated Fund, defrayed out of moneys provided by Parliament, raised by borrowing, remitted or paid into the Exchequer.
Resolution agreed to.