IMPORT LICENCES
Explanation By Minister The import licensing scheme had been stabilised and no licences in addition to the basic allocation would be granted under group 601, said, the Minister of Customs (Mr Shelton) in a letter to thd director of the Canterbury Manufacturers’ Association (Mr R. T. Alston). j Mr Shelton said that shouA a group 601 licence-holder Income entitled to any furtMr provision for his aggrega*d items in the 1967-68 licettpg period such additional ,Aicences would be issued wder the substantive item com for the goods concerned. ? This modification of le aggregation scheme, tigether with the reduced alycation provided for the fortwoming period would, to somfextent, act as a deterrent io the activities of importfs, who might have taken Avantage of the flexibility of the scheme. J , t Mr Shelton said,fat he did not believe that trf extent of these practices hif been as widespread as timbers of the Canterbury Manufacturers’ Association Jmight have been led to beljf e. “The ability f a licenceholder to dive* his imports from the caterfy of raw materials into cfsumer luxury items is, of <irse, governed by the scopeff the Items for which he trips licences that come withirjne provisions of the aggrfiations scheme,” said Mr sJton. “In praf ce, I think it is safe to sa/hat only a limited number/ importers would have pence entitlement coverin/ the categories of both spits and steel as inatanctf (h> * letter from the asso/tion).” Mf Shelton said that he wußuite satisfied that gene Jly this scheme had much tycommend it and there Aid be no doubt that it ■d been well received by all
aflcence-holders because of the (flexibility that it permitted.
A Meal a Day.—lnternational relief agencies are providing one free meal daily to about three million schoolchildren and expectant and nursing mothers in faminehit Bihar State, according to official figures today.—New Delhi, May 22.
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Bibliographic details
Press, Volume CVI, Issue 31377, 24 May 1967, Page 7
Word Count
311IMPORT LICENCES Press, Volume CVI, Issue 31377, 24 May 1967, Page 7
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