HC Deb 03 February 1969 vol 777 c35W
Mr. Pavitt

asked the Chancellor of the Exchequer what was the total of the subsidy given in each of the last 10 years to the Rural Industries Loan Fund.

Mr. Taverne

The annual payments from the Development Fund into the Rural Industries Loan Fund have been as follows:

£s
1959–60 22,295
1960–61 7,625
1961–62 10,657
1962–63 46,068
1963–64 9,121
1964–65 78,370
1965–66 162,750
1966–67 195,260
1967–68 246,053

The Rural Industries Loan Fund was wound up at 31st March, 1968, and its assets and duties were taken over by the Council for Small Industries in Rural Areas, which has broader functions, towards which a payment of £595,000 was made from the Development Fund in 1968–69.