CAB129-53 — Page 189

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Expenses of the Board

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38. The Board will have power to obtain payments from the iron and steel compares to Melthen expenses, including, ecessary, the

age involved in selling imported materials below cost. These payments will be fixed in accordance with principles to be approved by the Minister, who before giving his consent will consider any representations by the companies

concerned.

Statistics

39. The Board will arrange for the periodical publication of statistics relating to the industry, and the iron and steel companies will be required to furnish any necessary information.

Application to Northern Ireland

40. The powers relating to prices will apply to sales of iron and steel in Northern Ireland as well as in Great Britain. The other functions of the Board may be applied to Northern Ireland upon the request of the Northern Ireland Parliament.

Import Duties

41. It is the Government's intention to consult the Board in regard to any proposed modifications to the import duties on iron and steel. Report to Parliament

42. The Board will make an annual report to the Minister of Supply, who will lay it before Parliament.

APPENDIX

DEFINITION OF IRON AND STEEL PROCESSES TO BE SUPERVISED BY THE BOARD

1. The working and getting of iron ore or the treatment or preparation of iron ore for smelting.

2. The smelting of iron ore in a blast furnace with or without other metalliferous' materials or the production of iron by any other process.

3. The production of steel by any process.

4. The casting of iron or steel by any process.

5. The processing, with or without heat, of iron or steel by rolling or forging (excluding drop forging and blacksmiths' hand forging).

6. The production from iron or steel of hot-finished welded tubes or pipes or hot-finished seamless tubes or pipes or bright bars.

7. The production of tinplate or terneplate.

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THIS DOCUMENT IS THE PROPERTY OF HER BRITANNIC MAJESTY'S GOVERNMENT