§ Sir F. WISEasked the Postmaster-General if the British Broadcasting Company has received the full 7s. 6d. due to them from the revenue subscribed from licences; and is the amount limited in any way?
§ Viscount WOLMERBy the agreement with the British Broadcasting Company dated 18th January, 1923, the payment of 7s. 6d. out of each wireless licence fee of 10s. was restricted to the period ended the 31st December, 1924. Tile company's accounts were then examined, and after considering estimates of future expenditure and other factors in the case, it was decided in accordance with Clause 72134W of the agreement to discontinue the payment of 7s. 6d. per licence after the 31st March, 1925, and to give the company a fixed payment of £500,000 in respect of the year ending the 31st March, 1926.