When the present tonnage is less than the pre-war tonnage thedistributablesurplusis reduced.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
If, as we have been told already, the companies are all making a profit, the answer is that it is an addition to theirdistributablesurplus.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
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