HC Deb 19 March 1956 vol 550 c956

Resolution reported, That, for the purposes of any Act of the present Session to amend the memorandum of association of the Agricultural Mortgage Corporation Limited, it is expedient to authorise—

  1. (a) the issue out of the Consolidated Fund of any sums required for making advances under that Act to the said Corporation for the purpose of increasing its guarantee fund not exceeding in the aggregate, with the advances made to it under the Agricultural Credits Act, 1928, and the Agriculture (Miscellaneous Provisions) Act, 1944, three million two hundred and fifty thousand pounds;
  2. (b) the payment into the Exchequer of any sums paid by the said Corporation by way of repayment of, or interest on, advances made to it under the said Act of the present Session.

Resolution agreed to.