§ 59. Mr. PETHICK-LAWRENCE
asked the Chancellor of the Exchequer whether he can give the total number of national savings certificates being held by purchasers in excess of the 500 permitted under the Regulations?
§ Mr. CHURCHILL
I am afraid this information is not available. The hon. Member is no doubt aware that under the Regulations savings certificates do not count towards the normal maximum of 838 500 if (a) purchased out of war service gratuity or (b) inherited from a deceased holder. Apart from such cases I have no reason to believe that there is any large number of excess holdings. Interest is of course not paid on any irregular excess.