HC Deb 10 February 1953 vol 511 c21W
67. Mr. Shepherd

asked the Chancellor of the Exchequer if he will give a list of the official funds the investment of which, in equities, is limited by statute.

Mr. R. A. Butler

There is a very large number of official funds and a detailed examination of the investment powers relating to each would involve a disproportionate amount of labour. It is not, however, usual to invest official funds in equities and in the case of the more important funds such investment is barred by statute.