§ Mr. Elliot
asked the Chancellor of the Exchequer if he will now take steps to bring within the purview of the Capital Issues Committee issues of securities made in consideration of the transfer of property.
§ Sir E. Boyle
An Order has been made today making it unlawful for a company in Great Britain without the consent of the Treasury to issue securities in consideration of the transfer of any property except where the property consists either of the assets of an undertaking being sold to the company or of the securities of170W another company. The Order will come into operation tomorrow. Copies of it are available in the Vote Office today.