§ Mr. Skeetasked the President of the Board of Trade whether he has received the Thirteenth Annual Report and Statement of Accounts of the National Research Development Corporation.
§ Mr. ErrollYes. As required by Sections 4 (5) and 10 (5) of the Development of Inventions Act, 1948, I have arranged for these documents to be laid before the House. It will be seen from them that, following discussions with my Department, the Corporation has decided to modify its amortisation procedures by extending the period for writing off development and patenting expenditure.