HC Deb 09 May 1944 vol 399 cc1711-2
53. Mr. Craven-Ellis

asked the Chancellor of the Exchequer on what date and in what form did Parliament determine that the fiduciary note issue of £280,000,000 authorised by the Treasury on 6th September, 1939, following the representation of the Bank of England that such increase of the note issue was expedient, should still remain in force.

The Chancellor of the Exchequer (Sir John Anderson)

I would refer my hon. Friend to Defence (Finance) Regulation No. 7AA, dated the 15th August, 1941 (Statutory Rules and Orders No. 1I99 of 1941), as amended by Order in Council, dated the 10th August, 1943 (Statutory Rules and Orders No. 1141 of 1943). A note added to the latter Order gave a full explanation of the position.