HC Deb 01 August 1939 vol 350 cc2140-1
14. Sir Joseph Leech

asked the President of the Board of Trade whether he proposes to make regulations under the terms of the Prevention of Fraud (Investments) Act, designed to prevent agents or representatives of unit trust concerns calling without previous introduction or invitation on bankers, solicitors, accountants and other professional persons, for the purpose of selling on commission, units or sub-units?

Mr. Stanley

The conditions which authorised unit trust schemes must fulfil are specifically laid down in the Act. These conditions do not include a requirement such as my hon. Friend suggests, and I see no sufficient reason for its imposition.

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