Collieries (Amalgamation).

Oral Answers to Questions — Coal Mining Industry. – in the House of Commons on 22nd March 1927.

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Photo of Mr William Wright Mr William Wright , Rutherglen

30.

asked the Secretary for Mines the number of companies that have amalgamated under The Mining Industry Act, 1926: the districts where they are situated; and the amount saved to the companies in respect of stamp duties?

Photo of Mr George Lane-Fox Mr George Lane-Fox , Barkston Ash

The only scheme of amalgamation which has yet been confirmed by the Court under the Mining Industry Act, 1926, is that of four collieries in South Yorkshire. I am informed that the stamp duties which would have been payable but for the Act would have amounted to £76,000 or more, a charge which it was stated by the promoters would have been prohibitive.

Photo of Mr Benjamin Riley Mr Benjamin Riley , Dewsbury

May I ask whether other applications have been before the Department?

Photo of Mr George Lane-Fox Mr George Lane-Fox , Barkston Ash

I think the hon. Member had better give me notice of that question.

Photo of Commander Hon. Joseph Kenworthy Commander Hon. Joseph Kenworthy , Kingston upon Hull Central

May I ask whether the recent amalgamation of anthracite mines comes under the Act and whether the right hon. and gallant Gentleman has included that?

Photo of Mr George Lane-Fox Mr George Lane-Fox , Barkston Ash

No, Sir, I have not included that; but it certainly does come under the Act.