§ Mr. Touche
asked the President of the Board of Trade whether he is aware that some outside brokers are evading the provisions of the Prevention of Fraud (Investment) Act, 1939, by establishing offices in Northern Ireland; and whether he is taking action on the subject.
§ Sir S. Cripps
One case has been brought to my notice in which a person, who had been refused a licence under the Prevention of Fraud (Investments) Act, 1939, has set up an office in Northern Ireland. As regards the second part of the Question, the position is that the Prevention of Fraud (Investments) Act (Northern Ireland), 1940 contains similar restrictive provisions to those in our Act and these will come into full operation on 1st March next.