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Road Hauliers (Nationalisation Payments)

Volume 529: debated on Wednesday 7 July 1954

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asked the Minister of Transport and Civil Aviation the total sum still owing to road hauliers as payment for nationalisation; and what rate of interest accrues on it.

The British Transport Commission estimates that at 30th June, 1954, about £2m. remained to be paid. Interest on outstanding compensation accrues at 3 per cent. per annum.