§ 76. Mr. Lewis
asked the Chancellor of the Exchequer whether he is aware that the Linen Thread Company are disposing of their United States subsidiary company, valued at £6,500,000, for a sum of about £4,250,000; whether, in view of the disturbances caused in connection with the recent British Aluminium Company transfer, his permission has yet been requested for this transaction; and what was the nature of his reply.
§ Mr. Erroll
The necessary Exchange Control consents have been given for the sale of the subsidiary company to persons resident outside the United Kingdom.