§ 2. Sir N. GRATTAN-DOYLEasked the President of the Board of Trade whether he will, when amending the Companies Act, 1929, introduce a Clause to prohibit the registration of holdings of securities in the names of individual or corporate nominees unless the names of the beneficial owners are also stated on the instrument of transfer and on the stock or share register, in view of the dangers, disclosed by the evidence before the Budget Tribunal, inherent in the practice of effecting insurances in the names of nominees?
§ Mr. RUNCIMANMy hon. Friend's suggestion has been noted for consideration when the amendment of the Companies Act, 1929, is being examined.