§ Mr. WELLOCKasked the Minister of Transport whether any Electricity Commissioners or any members of the Electricity Board are shareholders or directors of electricity undertakings; and, if so, how many?
1904W
§ Mr. HERBERT MORRISONThis matter is governed by Statute. A commissioner is not allowed to have, directly or indirectly, any share or interest in any undertaking for the supply of electricity otherwise than as a ratepayer in the case of an undertaking of a local authority. Somewhat similar conditions apply under the Act of 1926 to the chairman or any whole-time member of the Central Electricity Board, but do not apply to members of the Board who are not whole time. I have no information as to any such holdings by members of the Board, but the Act is so framed as to allow the Board to include some members directly connected with the industry, including, of course, the publicly-owned supply undertakings.