§ 10. Mr. HANNONasked the President of the Board of Trade what is the total amount paid to the Controller of the Clearing House in respect of realisations of the property in the United Kingdom of former enemy nationals; the estimated value of assets still available for realisation; and in what way these sums have been allocated?
§ Sir P. LLOYD-GREAMEAs the answer is rather long, I will, with my hon. Friend's permission, have it circulated in the OFFICIAL REPORT.
§ Following is the answer:
§ The total amount paid to the Controller of the Clearing Office by the Custodian of Enemy Property in respect of realisation of German property in the United Kingdom up to the end of last month was £33,600,000. It, is not possible to give any reliable estimate of the value of the unrealised German assets. The above sum has been allocated in accordance with the principles laid down in paragraph 1 (xvi) of the Treaty of Peace Order, 1919, as amended by the Treaty of Peace (Amendment) Order, 1920. The Proceeds of liquidation of ex-enemy property credited to the Austrian, Hungarian and Bulgarian administrations up to the same date were:
| £ | s. | d. | |||
| Austrian | … | … | 987,856 | 19 | 8 |
| Hungarian | … | … | 250,064 | 3 | 9 |
| Bulgarian | … | … | 516,759 | 13 | 2 |