HC Deb 02 April 1925 vol 182 c1564W
Mr. GILLETT

asked the Minister of Transport what is the amount of money in the existing reserves of the London electricity companies that could be capitalised under the terms of the Bills now before Parliament?

Colonel ASHLEY

The statistical basis on which the amount is to be calculated is to be prepared by the companies and agreed with the Joint Electricity Authority, subject to an appeal to the Electricity Commissioners, within six months of the establishment of the Joint Authority under the London and Home Counties Electricity District Order which is now before me for confirmation. The amount cannot therefore yet be stated.

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