HC Deb 19 December 1935 vol 307 c1993W

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?


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.

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