HC Deb 26 January 1954 vol 522 c1654

Considered in Committee under Standing Order No. 84 (Money Committees).—[Queen's Recommendation signified.]

[Sir CHARLES MACANDREW in the Chair]

Resolved, That, for the purposes of any Act of the present Session to extend the period during which advances may be made to the National Research Development Corporation out of the Consolidated Fund and during which the Board of Trade may waive interest on such advances, it is expedient to authorise—

  1. (a) any increase in the sums which in accordance with section eleven of the Development of Inventions Act, 1948, fall to be issued out of the Consolidated Fund or raised under the National Loans Act, 1939, or in accordance with section twelve of that Act fall to be paid into the Exchequer or issued out of the Consolidated Fund and applied in redeeming or paying off debt or paying interest;
  2. (b) any waiver of interest in accordance with section eight of that Act;
being an increase or waiver attributable to extending the said period.—[Mr. H. Strauss.]

Resolution to be reported Tomorrow.