HC Deb 07 June 1945 vol 411 c1082W
Sir W. Wayland

asked the Attorney-General if he can give a date when the moratorium in the South-East coast areas will be terminated; and if those who have suffered financial losses from the imposition of the moratorium will be compensated by the Government.

The Attorney-General

Conditions are not yet normal enough to enable a date to be fixed for the general termination of the moratorium without undue hardship to debtors, but the matter is being kept under review. Meanwhile a creditor can obtain an order from the court which has the effect of terminating the moratorium as respects the liability to him of his particular debtor in a manner which is equitable as between the parties. The financial loss to which the hon. Member refers is one of the many forms of loss arising out of the war, and the Government cannot contemplate the extension of compensation over so wide a field.

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