General Practice Finance Corporation

HC Deb 02 April 1969 vol 781 c132W

Mr. Barnett

asked the Chancellor of the Exchequer whether he will make a statement about the further provision of capital for the General Practice Finance Corporation.

Mr. Roy Jenkins

Yes. My right hon. Friends the Secretaries of State for Scotland and for Wales and the Secretary of State for Social Services and I have approved proposals by the General Practice Finance Corporation for a second issue of stock to repay temporary bank advances and for further loans for the provision or improvement of practice premises. Accordingly the corporation has today made the following issue of stock to the National Debt Commissioners under Treasury Guarantee2½ million of General Practice Finance Guaranteed 9 per cent. stock 1976–79.