HC Deb 14 December 1948 vol 459 c1024
56. Mr. Teeling

asked the Chancellor of the Exchequer what steps he is taking to protect dollar holdings inside this country claimed by British subjects interested in companies nationalised or confiscated by the Yugoslav Government, until the Anglo-Yugoslav trade agreement has been concluded.

Sir S. Cripps

His Majesty's Government are at present negotiating with the Yugoslav Government for the conclusion of several agreements, one of which will provide for the compensation of British subjects for property in Yugoslavia which has been nationalised. The property in the United Kingdom of Yugoslav companies which has been subject to the Custodian Order remains under control.

Mr. Teeling

Is the right hon. and learned Gentleman aware that since the Yugoslav agreement with the United States, the Government are definitely claiming all dollar holdings outside Yugoslavia which might be in dispute, and already the banks in this country have been notified to that effect?

Sir S. Cripps

They may be claiming, but they are under the custody of the Custodian.