Apologies, problem was in the wrong version of the autoconf which i was using.
Wrong version:
autoconf (GNU Autoconf) 2.69.117-1717-dirty
Copyright (C) 2014 Free Software Foundation, Inc.
License GPLv3+/Autoconf: GNU GPL version 3 or later
<http://gnu.org/licenses/gpl.html>, <http://gnu.org/licenses/exceptions.html>
This is free software: you are free to change and redistribute it.
There is NO WARRANTY, to the extent permitted by law.
Written by David J. MacKenzie and Akim Demaille.
Current Version:
autoconf (GNU Autoconf) 2.69
Copyright (C) 2012 Free Software Foundation, Inc.
License GPLv3+/Autoconf: GNU GPL version 3 or later
<http://gnu.org/licenses/gpl.html>, <http://gnu.org/licenses/exceptions.html>
This is free software: you are free to change and redistribute it.
There is NO WARRANTY, to the extent permitted by law.
Written by David J. MacKenzie and Akim Demaille.