51. Colonel Dowerasked the Chancellor of the Exchequer if he will now make known the result of his active consideration as to whether stock and share brokers who are licensed dealers in securities, registered with the Board of Trade, may stamp and sign declarations as required by Defence (Finance) Regulations, 1939, on the back of transfer deeds.
§ Mr. Glenvil HallHolders of principal's licences granted under Section 3 of the Prevention of Fraud (Investments) Act, 1939, and exempted dealers in securities under Section 15 of that Act, have been empowered to stamp and sign the declarations on the back of transfer deeds since 1st October, 1947, when the Exchange Control Act, 1947, came into force.