HC Deb 17 May 1966 vol 728 cc1268-9
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§
Resolution reported,
That, for the purposes of any Act of the present Session to provide for the making of grants out of moneys provided by Parliament towards expenditure on the provision of new business assets and for connected purposes, it is expedient to authorie—
- A. the payment out of such moneys of—
- (1) grants to persons carrying on, or proposing to carry on, a business in Great Britain towards expenditure by them on or after 17th January 1966—
- (a) in respect of machinery or plant, computers, hover vehicles, ships and prototypes for use for the purposes of that business;
- (b) in connection with mining or similar operations;
- (2) grants in respect of such other assets as may be specified in orders made by the Board of Trade under that Act;
- B. the payment out of moneys provided by Parliament of—
- (1) any increase in the sums so payable under the Local Employment Acts 1960 and 1963 which is attributable to the new Act so far as it—
- (a) provides for powers under those Acts to continue to be exercisable after the date on which they would otherwise expire and for those Acts to have effect in relation to new areas (hereinafter referred to as "development areas") constituted by the new Act;
- (b) amends or extends—
- (i) the provisions of those Acts relating to building grants;
- (ii) sections 4 and 7 of the said Act of 1960;
- (iii) the powers of the corporations established by section 8 of that Act;
- (2) the expenses of any Government department in exercising powers for bringing into use or improving derelict, neglected or unsightly land in development areas;
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- (3) the expenses of the Board of Trade—
- (a) in connection with the modernisation, adaptation or reconstruction of any buildings or works belonging to the Board;
- (b) in exercising transitional powers in areas which cease to be development areas;
- C. any increase in the sums payable out of moneys provided by Parliament which is attributable to any provision of the new Act repealing subsections (5) and (7) of section 3 of the Sea Fish Industry Act 1962 and increasing, in relation to expenditure on or after 17th January 1966, the limits specified in subsection (8) of that section;
- D. the payment out of moneys provided by Parliament of—
- (1) any expenses of the Board of Trade in connection with advisory committees established under the new Act;
- (2) any administrative expenses attributable to that Act of any Government department;
- E. payments into the Exchequer under or by virtue of that Act.
§
Resolution agreed to.