§ Mr. Geoffrey Lloydasked the President of the Board of Trade to what extent he takes account of the effect on the balance of payments of the issue or refusal of industrial development certificates; and whether the diversion of industry to development areas is still the overriding objective for the grant or refusal of such certificates.
§ Mr. DellThe main objectives of the industrial development certificate control are to help provide employment in the less prosperous areas and to moderate undue expansion in the congested areas. In considering individual applications the effect on the balance of payments is one of several factors taken into account.