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Finance Money

Volume 463: debated on Monday 11 April 1949

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Considered in Committee under Standing Order No. 84—[ King's Recommendation signified.]

[Major MILNER in the Chair.]

Resolved:

"That it is expedient to authorise the issue out of the Consolidated Fund—
  • (a) of the sum of four hundred and eighty-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; and
  • (b) of sums required in connection with the redemption, by the transfer of Government stock or otherwise, of the annuities now payable in respect of land tax redeemed but not exonerated."—[Sir S. Cripps.]
  • Resolution to be reported Tomorrow.