HC Deb 22 March 1967 vol 743 cc283-4W
96. Mr. Higgins

asked the Chancellor of the Exchequer whether the person fined at St. Austell for not offering gold coins for sale to an authorised dealer, under Statutory Instrument, 1966, No. 438, has now been registered as a collector; how many coins the Treasury, or other authority, has subsequently given permission for him to retain; and what advice was given to him on the disposal of other gold coins in his possession.

Mr. MacDermot

An application for collector status made on Mr. Knight's behalf by his solicitors has been approved in principle. It is being treated in accordance with the normal rules. The Bank of England will be advising Mr. Knight's solicitors which coins he may retain. They number over 200. The remainder will have to be disposed of within a reasonable period in the usual way.

Mr. Galbraith

asked the Chancellor of the Exchequer what steps he is taking to publicise the liability to prosecution of those who have failed to hand in gold coins under Statutory Instrument, 1966, No. 438.

Mr. MacDermot

The Exchange Control (Gold Coins Exemption) Order, 1966, was announced in a Press Notice issued s by the Treasury on 26th April, 1966. It was debated in the House on 13th June, 1966. It has been fully reported and discussed in the national Press. I do not think further steps are called for at present, but if the hon. Member has specific proposals to make I will be glad to consider them.