HC Deb 28 February 1918 vol 103 cc1557-8
54. Mr. BILLING

asked the Chancellor of the Exchequer whether he is taking any steps to prevent for the duration of the War investment of British moneys in foreign securities?

Mr. BONAR LAW

As the hon. Member is aware, no foreign loan may be floated in this country without the consent of the Treasury. Further, under the provisions of Defence of the Realm Regulations 41 D, no person resident in the United Kingdom may, without permission, make any remittance abroad for the purpose of subscribing to any loan or issue of capital outside the United Kingdom or of purchasing any stock, shares or other securities situate outside the United Kingdom.

Mr. BILLING

Have permits been. So granted?

Mr. BONAR LAW

They may have been in exceptional cases.