Mr. B. Taylorasked the Minister of Power the amount paid by the National Coal Board to the Government in interest on the transferred Coal Commission's liability and give the amount annually since vesting day; and the present outstanding liability.
§ Mr. WoodThe amount paid in interest was £23,775,891 to 31st December, 1959, when the outstanding liability was £66,271,798.
76WThe annual amounts of interest paid since vesting day are as follows:
£ 1947 1,961,427 1948 1,941,307 1949 1,920,684 1950 1,899,544 1951 1,877,877 1952 1,855,668 1953 1,832,903 1954 1,809,570 1955 1,785,653 1956 1,761,138 1957 1,736,010 1958 1,710,255 1959 1,683,855 £23,775,891