The purpose of this section is the real purpose of the Bill, namely, to increase to £75 million the overall limit on the aggregate borrowing limit of the Industrial Credit Company.
Committee on Finance. - Industrial Credit (Amendment) Bill, 1974: Committee and Final Stages.
Section 1 agreed to.
SECTION 2.
Question proposed: "That section 2 stand part of the Bill."
Question put and agreed to.
SECTION 3.
Question proposed: "That section 3 stand part of the Bill."
The purpose of this section is to authorise the Minister for Finance to give guarantees to the the tune of £75 million.
Question put and agreed to.
Section 4 and 5 agreed to.
Title agreed to.
Bill reported without amendment, received for final consideration and passed.
That concludes the business.