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Orders of the Day — Export Guarantees [Money]

– in the House of Commons at 12:00 am on 23rd January 1964.

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Resolution reported, That, for the purposes of any Act of this Session to amend the Export Guarantees Acts 1949 to 1961, it is expedient to authorise any increase in the sums which, under section 3 or section 4 of the Export Guarantees Act 1949, are to be or may be paid out of moneys provided by Parliament, charged on or issued out of the Consolidated Fund, raised by borrowing or paid into the Exchequer, being an increase attributable to provisions of the said Act of this Session—

  1. (a) raising to one thousand five hundred million pounds the limit imposed by section 1 of the said Act of 1949, as amended, in respect of guarantees under that section and related transactions;
  2. (b) raising to one thousand three hundred million pounds the limit imposed by section 2 of the said Act of 1949, as amended, in respect of guarantees under that section and related transactions;
  3. (c) extending the application of the said sections 1 and 2, and section 2(1) of the Export Guarantees Act 1957, by treating the Isle of Man and the Channel Islands as if they were part of the United Kingdom.

Resolution agreed to.