British Shipping (Assistance) Act 1935

British Shipping (Assistance) Act 1935
Act of Parliament
Parliament of the United Kingdom
Long titleAn Act to make provision for the granting of financial assistance to the owners of ships registered in the United Kingdom in respect of tramp voyages carried out during the year nineteen hundred and thirty-five, and to persons qualified to be owners of British ships in respect of proposals for the improvement of merchant shipping fleets; to provide for the repeal of section eighteen of the Economy (Miscellaneous Provisions) Act, 1926; and for purposes connected with the matters aforesaid.
Citation25 & 26 Geo. 5. c. 7
Dates
Royal assent26 February 1935[1]

The British Shipping (Assistance) Act 1935 (25 & 26 Geo. 5. c. 7) was an act of Parliament which subsidized the British shipping industry during the Great Depression.[2] £10,000,000 was given to allow the building or modernization of tramp markets.[3]

References

  1. ^ https://api.parliament.uk/historic-hansard/commons/1935/feb/26/royal-assent#S5CV0298P0_19350226_HOC_259
  2. ^ "British Shipping (Assistance) Act (1935)". Making Britain. Open University. Retrieved 7 January 2018.
  3. ^ Morton, Walter, British finance, 1930-1940 , ISBN 0-405-11242-4, p225