Volume 2 (1922) / Pages 245 - 246
the county councils, county boroughs, commissioners, and so on, and these bodies have power to borrow, or are entitled by this Bill to borrow, to the extent of their statutory powers. The amendment which has just been agreed to provides that the Minister of Finance should have the powers originally possessed by the Commissioners of Public Works. As I have said, the Commissioners of Public Works gave the necessary advances to those authorities, and it is now contemplated that the Minister of Finance will be able to do so in the future.
The second Paragraph "(b)" authorises and empowers the Minister of Finance to make advances and loans to the Unemployment Fund. I entered at some length into the necessities for that step on the Vote on Account, but it is obligatory on us to take the necessary powers to make these advances.
Thirdly, the money so borrowed may be applied for the other purpose which is defined in this Clause, that is to say that, if, on the ordinary fluctuations as between receipts and disbursements, there should be any shortage of money, this Clause would empower the Minister of Finance to borrow, probably by means of an ordinary loan at the bank. I think that sufficiently explains the first Clause of the Bill up to that point, but subsequently in sub-section 2 of Clause 2, it is provided that the Minister may borrow by means of Savings Certificates known as "Ulster Savings Certificates" which I described at some length on the second reading of the Bill. It is not necessary to enter in further detail into that method of borrowing, but I think that, even supposing the amount realisable by the sale of the Certificates proved to be more than expected, it would be possibly opposed to the views of this House that such a valuable incentive to thrift should be stopped, even assuming that the volume of money coming in from that source was greater than was anticipated. Any details that the Committee may require of the particular purposes to which the money so borrowed may be applied I will be only too willing to give, but I think the Committee is now in full possession of the purpose of the Bill, and will, no doubt, be able to appreciate it.
Question: "That the Clause as amended stand part of the Bill," put, and agreed' to.
Clause 2 (Charge in respect of guarantee for Treasury of United Kingdom) ordered to stand part of the Bill.
Clause 3 (Payments into and out of Exchequer and temporary investment) ordered. to stand part of the Bill.
Clause 4 (Local Loans)Any sums issued under this Act for the purposes of loans to any council, commissioners or guardians, shall be issued on such terms as to rate of interest, repayment and otherwise, as may be determined by Ministry of Finance.
Mr.POLLOCK: I beg to move: That on page 2, line 35, leave out the words, "loans to any council, commissioners or guardians" and insert the words "local loans."
Amendment agreed to.
Mr. POLLOCK: I beg to move: At page 1, line 38, at end to add the following subjections:
(2) Any sums received by way of repayment of-the principal of and. interest on any such loan shall be paid into the Exchequer.
(3) Repayments by way of principal may be issued out of the Consolidated Fund, if and when required, for any of the purposes mentioned in this Act (including! temporary investment) and payments on account of interest, shall form part of the revenue of the financial year in which they are received.
Amendment agreed to.
Clause as amended ordered to stand part of the Bill.
Clause 5 (Short Title) ordered to stand part of the Bill.
Ordered: That the Bill as amended be reported to the House.
Whereupon the Chairman left the Chair to make his report to the House.
Bill to be reported to-morrow.
CIVIL AUTHORITIES OF NORTHERN IRELAND (SPECIAL POWERS) BILL. As amended (in Committee) considered. Clause 3 (Trial of Offences)
3. (1) A person alleged to be guilty of an offence against the regulations may be tried by a court of summary jurisdiction constituted in accordance with this section, and not otherwise.
(2) An offence against the regulations shall not be prosecuted except by such officer or person as may be authorised in that behalf by the Attorney-General for Northern Ireland, and in accordance with such directions as may be given by the said Attorney General.
(3) Any person aggrieved by a conviction of a court of summary jurisdiction for any such offence may appeal in manner provided by the Summary Jurisdiction (Ireland) Acts.
(4) A court of summary jurisdiction when trying a person charged with an offence against the regulations shall be constituted of two or more resident magistrates, and a court of quarter sessions, when hearing and determining an appeal against a conviction of a court of summary jurisdiction for any such offence, shall be constituted of the recorder or county court judge sitting alone.