§ Mr. Storeyasked the Financial Secretary to the Treasury whether he will state the number of applications received to date by the Special Areas Reconstruction Association; how many of them were within the scope of the company; how many have been rejected; how many have been approved; and the amount of the loans thereunder?
§ Lieut.-Colonel ColvilleI am informed that the total number of applications of all kinds received to date by the association is 451, but more than 50 per cent. were either inquiries, indefinite applications or applications that for one reason or another were not pursued. It is therefore not possible to say how many of the total were within the scope of the association. One hundred and seventeen applications have been refused, 38 loans totalling £223,450 have been agreed to in principle.