Finance Bill

Part of Orders of the Day — Finance Bill – in the House of Commons am 12:00 am ar 17 Gorffennaf 1974.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr Joel Barnett Mr Joel Barnett , Heywood and Royton 12:00, 17 Gorffennaf 1974

I see that he takes my point.

I understand the hon. and learned Gentleman's concern about the need for making the repayment earlier than 1st September 1975, but the ACT supplement is intended to reduce the public sector borrowing requirement and too early a date for repayment could go some way to frustrating that intention. The amendment would avoid the situation put to me in Committee, in which, if the supplement had been paid, a repayment would be unduly delayed. I hope that it will be considered that I have gone some way to meet the point made in Committee.