§ 80. Mr. Teeling
asked the Chancellor of the Exchequer what ratification is still required for the agreement on the repayment, in this country, of Japanese Bonds and accrued interest reached in New York last September.
§ Mr. R. A. Butler
Treasury approval will be required for the acceptance by holders of sterling bonds of the offer which the Japanese Government have undertaken to make in the Agreement reached on 26th September with the Council of Foreign Bondholders. No formal ratification of that Agreement is, I understand, required on either side.