§ 127. Mr. Keelingasked the Minister of Fuel and Power whether he will state the Colliery Nationalisation Tribunal's estimate of the net maintainable revenue of the industry if it had remained in private ownership; and the number of years' purchase to which their award is equivalent.
§ Mr. ShinwellThe Coal Industry Nationalisation Compensation Tribunal were under no obligation either under the Coal Industry Nationalisation Act, 1946, or under their terms of reference to state any figure other than the aggregate amount or the global sum to be awarded for compensation. As no separate figures were furnished by the Tribunal for the net maintainable revenue of the industry or the number of years purchase to which their award was equivalent, I am unable to give the hon. Member the information he requires.