§ Sir S. Reed
asked the Chancellor of the Exchequer what progress has been made as regards the inquiry on hydro-carbon oil duties.
§ Sir J. Anderson
My right hon. and gallant Friend the Minister of Fuel and Power and I have now appointed a Committee with the following terms of referenceTo consider and report upon:
- (a) the effect of the hydro-carbon oil duties on the supply of raw materials to, and the development of, the chemical industry in this country so far as the use of hydro-carbons and their derivatives is concerned.
- (b) the extent to which any change in those duties would affect industries engaged in the production of similar products from coal."
The Chairman of the Committee will be Sir Amos Ayre, and the other members, 1192W three in number, will be Sir John Fox, Mr A. S. Macharg and Sir Robert Robinson.