§ Major McLEANasked the Financial Secretary to the Treasury whether he can give particulars showing how the sum of £12,394 9s. 9d. for interest on capital in the Stationery Office presses, profit-and-loss account for the year ended 31st March, 1928, is calculated?
Mr. SAMUELCapital advances for the purchase of plant are made from the Vote from time to time as necessary. Interest on these sums is charged in the account at the local loan rate of interest current2020W at the time the expenditure is incurred. The sum of £12,394 9s. 9d. is the total of such charges for the year ending 31st March, 1928.