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Inshore Fishing Industry Money

Volume 414: debated on Thursday 25 October 1945

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Considered in Committee. [ Progress 24th October.]

[Major MILNER in the Chair.]

Question again proposed,

"That for the purposes of any Act of the present Session to authorise the provision of financial assistance to inshore fishermen and persons desiring to engage in the inshore fishing industry it is expedient to authorise—
  • (1) the payment out of moneys provided by Parliament of any sums required by the Minister of Agriculture and Fisheries and the Secretary of State concerned with the fishing industry in Scotland for making loans and grants to such persons as aforesaid towards the acquisition, improvement or reconditioning of boats and equipment, subject to the following limitations, that is to say:
  • (a) that the amount of any grant so made in respect of the acquisition, improvement or reconditioning of any boat or equipment shall not exceed one-third of the price, or one-third of the cost of the improvement or reconditioning, as the case may be;
  • (b) that the aggregate amount of the grants and loans so made shall not exceed five hundred thousand pounds and eight hundred thousand pounds respectively; and
  • (c) that no grant or loan shall be so made after the expiration of a period not exceeding seven years beginning with the date of the passing of the said Act;
  • (2) the payment into the Exchequer of any sums received by the said Minister and the Secretary of State by way of interest on or repayment of the principal of any such loans."
  • 9.2 p.m.

    I rise only to say that there are a number of rather important points which some of us are very anxious to raise in connection with this Bill, but we are even more anxious that the Bill should get through as quickly as possible. Therefore, we proposed to postpone the discussion of most of these points until the Committee stage of the Bill.

    Question put, and agreed to.

    Resolution to be reported.