HC Deb 02 May 1963 vol 676 c136W
48. Mr. P. Williams

asked the Chancellor of the Exchequer whether free depreciation allowances will be made available for the building of ships.

Mr. du Cann

Under Clause 38 of the Finance Bill these allowances will be available in respect of new fixed plant and machinery of the shipbuilding industry in development districts, subject to the conditions therein set out.