§ 69. Mr. Sharpasked the Chancellor of the Exchequer whether he has now informed the Postmaster-General that it is no longer desirable to freeze a Post Office savings account standing partly or wholly in the name of a deceased person until non-liability to Death Duties of the latter's estate has been established.
§ Mr. DaltonThis arrangement is required to protect the Revenue, but the net estate limit fixed by the Post Office regulations is being raised from £100 to £400.
§ Mr. SharpIs my right hon. Friend aware that this regulation does not apply at all as regards ordinary joint stock banks, and in view of his natural desire to increase savings in the Post Office, would he not give this matter further consideration with a view to removing this differentiation against those who invest their savings in the Post Office Savings Bank?
§ Mr. DaltonMy hon. Friend has merely asked me about Savings Banks; he has not asked me about joint stock banks. If he will put a Question down, I will look into it.