HL Deb 30 July 1946 vol 142 cc1139-40
LORD AMMON

My Lords, I beg to move that this Order be approved. It is a Special Order made by the Electricity Commissioners and confirmed by the Minister of Fuel and Power in pursuance of powers conferred by Section 26 of the Electricity (Supply) Act, 1919. The Order has been laid before each House of Parliament for approval by Resolution in accordance with that section. The Order (Clause 2) authorizes an increase in the maximum amount which may be borrowed by the Central Electricity Board from £70,000,000 to £100,000,000. The increased borrowing powers now applied for relate mainly to extensions of the grid system and also include items for the acquisition of the war grid reinforcement lines provided under the Civil Defence Act, 1939, and war factory lines, and also for the extension of the Earley generating station. No objections have been lodged against this Order, either before the Electricity Commissioners or the Minister, and the Order has been laid before Parliament for approval by Resolution.

Moved, That the Special Order, as reported from the Special Orders Committee on Wednesday last, be approved.—[Lord Ammon.]

On Question, Motion agreed to.