HC Deb 09 May 1963 vol 677 c84W
42. Sir D. Kaberry

asked the Chancellor of the Exchequer if he is aware of the damage and loss suffered by the horological industry in the United Kingdom by the resale by Her Majesty's Commissioners of Customs and Excise of impounded contraband horological products; and if he will instruct Her Majesty's Commissioners to destroy all such products or arrange for their sale in the country of origin.

Mr. du Cann

I am aware of certain trade views that seized watches, for which any trade buyer may tender, should not be sold on the home market. Sale in the country of origin is impracticable, and there is no sufficient reason for the Exchequer to forgo the proceeds of these sales.