HC Deb 25 January 1955 vol 536 cc111-2

Resolution reported, That, for the purposes of any Act of the present Session to increase the amount of the 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 two hundred and fifty million pounds the limit of one hundred and fifty million pounds imposed in respect of such advances by subsection (1) of the said section twelve (as amended by the New Towns Act, 1952, and the New Towns Act, 1953), in the sums which, under or by virtue of the said Act of 1946, section two of the Licensed Premises in New Towns Act, 1952, or section sixty-eight of the Licensing Act, 1953, 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.