§ Mr. T. WILLIAMS
asked the Home Secretary what proportion of the original £2,000,000 loan has been repaid by the Betting Control Board; and how much has been written down, to date, for depreciation?
§ Mr. LLOYD
The accounts of the board, which are published annually, show that of the total amount borrowed by the board there had been repaid at the 31st December, 1934, a sum of £301,918. No specific provision has been made for depreciation, but up to the 31st December, 1934, sums amounting to £159,555 have been applied from the revenue and expenditure account in writing down the book value of the assets.