HC Deb 03 April 1968 vol 762 cc95-6W
52. Dame Irene Ward

asked the President of the Board of Trade whether he is aware that paragraph 119 of the Guide for Industry on Investment Grants is obscure and can operate to the disadvantage of substantial industrial investment in development areas; and if he will give an assurance that the 45 per cent. investment grant will be payable in total on any project which is commenced even though not completed in 1968 in a development area.

Mr. Darling

The paragraph in question is explicit and is in accordance with the statement made by my right hon. Friend the then President of the Board of Trade when informing the House on 1st December, 1966, that the temporary increase in investment grants would apply to eligible expenditure incurred between 1st January, 1967, and 31st December, 1968.—[Vol. 737, c.637–41.]