HC Deb 23 February 1955 vol 537 c1297

Resolution reported, That for the purposes of any Act of the present Session to increase the limit imposed by paragraph (b) of subsection (1) of section twenty-six of the Transport Act, 1953, on the amount outstanding in respect of borrowings of the British Transport Commission, it is expedient to authorise such increased charges on the Consolidated Fund and payments into the Exchequer under that Act and the Transport Act, 1947, as may, by reason of the Treasury's power to give guarantees in connection with the borrowings of the British Transport Commission, result from increasing the said limit from two hundred and seventy-five million pounds to six hundred million pounds.

Resolution agreed to.