HC Deb 04 February 1958 vol 581 c972
38. Mr. Cronin

asked the Chancellor of the Exchequer if he will put in hand measures to prevent the circumvention of the Capital Issues Committee by companies who hand over some of their own shares, in exchange for the share capital of other companies, whose principal asset is cash.

Mr. Amory

There are several methods by which capital may lawfully be raised without the consent of the Treasury, and I am considering the possibility of bringing these under control.