So how could the formation of the National Government in August 1931 be avoided. The POD is after 31 December 1930.
It seems that the train of events which led to the formation of the National Government was set in motion by the Labour government's acceptance of a Liberal amendment to the Conservative vote of censure on its public expenditure policy, which was debated in the House of Commons on 11 February 1931. The amendment called for the appointment of a special commission to review government expenditure and recommend economies. The Chancellor of the Exchequer, Philip Snowden, appointed a Committee on National Expenditure under the chairmanship of Sir George May.