§ Mr. Woodasked the Minister of Transport how many applications for loans for the purchase of public service vehicles were made by municipal authorities during the year ending 31st May, 1950; how many of these and of what value were granted and rejected.
§ Mr. BarnesDuring the year ended 31st May, 1950, 41 applications, amounting to approximately £2.9 million, were received from municipal authorities for sanction to borrow in respect of the purchase of public service vehicles. Thirty-four of these applications, amounting to £2.7 million, were sanctioned or promises made to issue sanction when delivery dates are known. At the end of the period the remaining seven applications, amounting to £200,000, were under consideration.