Development Areas (Loans)

HC Deb 11 March 1958 vol 584 cc29-30W

63. Mr. Chetwynd

asked the Chancellor of the Exchequer the total amount of loans authorised by the Development Areas Treasury Advisory Committee to firms within the North-East Development Area, and the amount repaid to the Treasury.

Mr. Amory

£1,611,098 and £452,786, respectively.

64. Mr. Chetwynd

asked the Chancellor of the Exchequer in what circumstances the Development Areas Treasury Advisory Committee will authorise loans to existing firms and to those wishing to establish themselves in Development Areas.

Mr. Amory

The circumstances in which loans are made at the present time are conveniently set out in the third Special Report from the Select Committee on Estimates Session 1956–57, Development Areas, at Recommendation (6) on page 5.