HC Deb 23 January 1947 vol 432 c366
58. Sir I. Fraser

asked the Chancellor of the Exchequer if he will now set up a committee to consider the Trustee Acts and, if thought fit, to make recommendations for their amendment.

Mr. Dalton

No, Sir.

Sir I. Fraser

Does the right hon. Gentleman appreciate that beneficiaries under the trusts and charities are suffering very greatly; and in view of the change in the value of money, which he has brought about, does he not think the time has come to give some very serious thought, within the Department and outside, to this important matter?

Mr. Dalton

We have discussed this matter before and I have suggested to the House that we must consider the additional risks that would be involved in any extension of the trustee list, but I have also said in reply to the right hon. Member for West Bristol (Mr. Stanley) that I do not exclude rational reconsideration of the matter. I have the matter under consideration now, but I must frankly tell the House that I think there are very great difficulties and very serious objections in the way of any extension of the trustee list.