HC Deb 18 November 1953 vol 520 cc1861-2

[17TH NOVEMBER]

Resolution reported, That it is expedient to authorise any increase in the sums which, under the Armed Forces (Housing Loans) Act, 1949,—

  1. (a) may be issued out of the Consolidated Fund to be applied as appropriations in aid of moneys provided by Parliament for the 1862 provision of housing accommodation for persons serving in, or employed in connection with, the armed forces of the Crown.
  2. (b) may be raised by the Treasury in manner authorised under the National Loans Act, 1939,
  3. (c) are to be repaid into the Exchequer out of moneys provided by Parliament for the defence services, and
  4. (d) are to be issued out of the Consolidated Fund and applied in redemption or repayment of debt or payment of interest,
being an increase attributable to amending the said Act of 1949 by extending the period during which sums may be issued out of the Consolidated Fund to be applied as appropriations in aid as aforesaid until the end of the financial year ending on the thirty-first day of March, nineteen hundred and sixty, and by increasing the aggregate amount of the sums which may be so issued to seventy-five million pounds.

Bill ordered to be brought in upon the said Resolution by the Chairman of Ways and Means, Mr. J. P. L. Thomas, Mr. Antony Head, Mr. John Boyd-Carpenter, Mr. Nigel Birch, and Mr. George Ward.