HC Deb 02 April 1962 vol 657 cc99-100

[Queen's Recommendation signified.]

Considered in Committee under Standing Order No. 84 (Money Committees).


Resolved, That, for the purposes of any Act of this Session to amend the Colonial Loans Acts, 1949 and 1952, it is expedient to authorise the charge on and issue out of the Consolidated Fund, and the payment into the Exchequer, of any additional sums required to be so charged and issued or paid under the said Act of 1949 by reason of any provision of the said Act of this Session—

  1. (a) increasing the aggregate amount of the principal of the loans which may be guaranteed by the Treasury under the said Act of 1949 from the equivalent of one 100 hundred million pounds to the equivalent of one hundred and fifty million pounds;
  2. (b) enabling the Treasury to guarantee under the said Act of 1949 any loan made to an authority established for the purpose of providing or administering services which are common to, or relate to matters of common interest to, two or more territories of which at least one is a colonial territory; or
  3. (c) extending the meaning of the expression "colonial territory" in the said Acts of 1949 and 1952—[Mr. H. Fraser.]

Resolution to be reported.

Report to be received Tomorrow.