HC Deb 20 July 1965 vol 716 cc1473-4

Resolution reported;

That, for the purposes of any Act of this Session to increase the amount which may be borrowed by the Gas Council and Area Boards under the Gas Act 1948, it is expedient to authorise such increases in the sums which by or under any enactment are to be or may be charged on or issued out of the Consolidated Fund, raised by borrowing or paid into the Exchequer, as may result from provisions of the said Act of this Session

  1. (a) increasing up to £1,200 million the limit imposed by Section 42(3) of the Gas Act 1948 on the aggregate amount outstanding in respect of borrowings by the Gas Council and Area Gas Boards; or
  2. (b) consequentially increasing the sums which may be advanced to the Gas Council under Section 2 of the Electricity and Gas Act 1963.

Resolution agreed to.