HC Deb 18 June 1964 vol 696 cc207-8W
40. Mr. Box

asked the Secretary of State for Industry, Trade and Regional Development whether he is aware that advertisements, similar to those published by Casino Enterprise companies and subsequently involving depositors in losses of considerable sums of money, have recently been displayed by the Sporting Investment Company, of 30 Notting Hill Gate, London; and whether he will take action under the Protection of Depositors Act, 1963 to prevent this company from advertising for deposits from the public for the purpose of speculation on racing and other ventures.

Mr. Heath

I have not seen these advertisements but if my hon. Friend will send me examples I will examine them. I must however emphasise, as my predecessor did, that it was not intended that the Protection of Depositors Act should extend to gambling.

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