Clause 20. — (Contributions Towards Expenses of Coast Protection.)

Orders of the Day — COAST PROTECTION BILL [Lords] – in the House of Commons at 12:00 am on 25 October 1949.

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Photo of Mr Arthur Blenkinsop Mr Arthur Blenkinsop , Newcastle upon Tyne East 12:00, 25 October 1949

I beg to move, in page 26, line 42, to leave out "interest and sinking fund charges," and to insert: "principal and interest."

This is merely a drafting Amendment relating to county council's contributions. Where the county make a capital contribution the sum reckoned as going towards their limited liability is to be the notional loan charges on that sum and the Amendment is a more accurate description of the loan charges.

Amendment agreed to.

Further Amendments made: In line 44, after "instalments," insert: of principal and interest combined, being a loan"—[Mr. Blenkinsop.]