§ 60. Mr. SWANasked whether the payment of Death Duties by Victory Bonds can only be made at par provided that they have been in the hands of the deceased for six months before death?
Mr. CHAMBERLAINAs stated in the prospectus, Victory Bonds will be accepted at their face value as the equivalent of cash in satisfaction of Death Duties provided that the bonds surrendered have formed part of the estate passing on death either for a period of not less than six months immediately preceeding the date of death or continuously up to the date of death from the date of the original subscription.