§ Read 3a, (according to Order).
§ Clause 4:
§ Payment to Empire Cotton Growing Corporation.
§ (2) The Cotton Board shall pay to the Empire Cotton Growing Corporation a sum equal to one penny in respect of each hundred pounds, or fraction of one hundred pounds, of cotton comprised in a purchase in respect of which a contribution is payable under the last preceding section. The said sums shall be ascertained and paid at such times and in such manner as may be agreed between the Cotton Board and the said Corporation, or, in default of agreement, as may be determined by the Board of Trade on the application of either of them.
§ 4.23 p.m.
§ LORD TEMPLEMORE moved, in subsection (2), after "each," to insert "five," and to leave out the word "one" ["one hundred pounds"] and 601 insert "five." The noble Lord said: The object of the first of these Amendments, as I explained on the Second Reading of the Bill, is to correct a clerical error which at present exists in the Bill. Under the clause as now printed, the Empire Cotton Growing Corporation is to receive one penny on every hundred pounds or fraction thereof, whereas it was intended by the Government that it should receive one penny on every five hundred pounds, as it does at present under the Cotton Industry Acts of 1923 to 1938. Your Lordships will remember that, in order to save money by not reprinting this Bill, I said that I should bring forward the necessary Amendments on the Third Reading instead of in the Committee stage. These are the two Amendments which effect what we want to do, and I beg to move them.
§ Amendments moved—
§ Page 4, line 25 after ("each") insert ("five")
§ Page 4, line 25 leave out ("one") and insert ("five").—(Lord Templemore.)
§ On Question, Amendments agreed to.
§ Bill passed, and sent to the Commons.