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National Debt (Permanent Annual Charge)

Volume 388: debated on Friday 2 April 1943

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Resolution reported:

That it is expedient to authorise
  • (a) the issue out of the Consolidated Fund of the sum of three hundred and seventy-five million pounds for the permanent annual charge for the National Debt for the current financial year, instead of the sum of three hundred and fifty-five million pounds;
  • (b) the provision out of money borrowed for the purpose under the National Loans Act, 1939, instead of out of the permanent annual charge for the National Debt, of the sums required for the current financial year for the purposes mentioned in paragraph (a) or paragraph (b) of Sub-section (4) of Section twenty-three of the Finance Act, 1928, as amended by any subsequent enactment.
  • Resolution agreed to.