HC Deb 10 November 1958 vol 595 cc153-4

Resolution reported,

That it is expedient to authorise any increase in the sums which.

  1. (a) may be issued out of the Consolidated Fund to be applied as appropriations in aid of moneys provided by Parliament for the 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 Armed Forces (Housing Loans) Act, 1949,—

  1. (i) 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-five;
  2. (ii) by increasing the aggregate amount of the sums which ay be so issued to ninety-five million pounds; and
  3. (iii) by enabling the Treasury to authorise the repayment of sums so issued by sums paid into the Exchequer in addition to the annual instalments provided for by the said Act of 1949 and the redemption or repayment of debt out of sums otherwise applicable to the payment of interest.

Resolution agreed to.

Bill ordered to be brought in upon the said Resolution by the Chairman of Ways and Means, Mr. Sandys, Mr. Soames, Mr. Ward, Mr. Simon, and Mr. R. A. Allan.