HC Deb 08 November 1916 vol 87 cc208-9

asked the Chancellor of the Exchequer whether, under the existing licences, the supervisor or other person of the various German banks in London is authorised to sell the bank premises or whether they are being retained in order that the Germans may resume operations after peace?


The bank premises of the various German banks can, no doubt, be sold either as part of the arrangements made for realising the assets of the bank in order to pay non-enemy creditors or by virtue of the provisions of the Trading With the Enemy Act, 1916; and the question of sale in the case of the premises of one. of the banks is now under consideration. The answer to the last part of the question is in the negative.