HC Deb 20 January 1964 vol 687 cc838-9

[Queen's Recommendation signified]

Considered in Committee under Standing Order No. 88 (Money Committees).

[Sir ROBERT GRIMSTON in the Chair]

Motion made, and Question proposed, That, for the purposes of any Act of this Session to make fresh provision respecting the limits on the amount of the advances which may be male to development corporations under section 12(1) of the New Towns Act 1946 and the Commission for the New Towns under section 3(1) of the New Towns Act 1959, it is expedient to authorise any increase in the sums which under or by virtue of any Act 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, being an increase attributable to provisions of the said Act of this Session imposing on the sum of the aggregate amount of the advances made to development corporations under the said section 12(1) and the aggregate amount of the advances made to the said Commission under the said section 3(1) a limit of £550 millions in place of the limits imposed by the proviso to the said section 12(1), as amended and the said section 3(1).—[Mr. Corfield.]

9.59 p.m.

Mr. Cyril Bence (Dunbartonshire, East)

I am very worried about the terms of this Money Resolution. According to the Bill, the new limit of £550 million is divisible in any terms to be decided by the Minister between the Commission for the New Towns and the new town development corporations—

It being Ten o'clock, The Chairman left the Chair to report Progress and ask leave to sit again.

Committee report Progress.