Companies Act (Bank Profits)

HC Deb 25 October 1967 vol 751 c497W

79. Mr. Hugh Jenkins

asked the President of the Board of Trade whether, having regard to the fact that bank profits are more than twice those they publish, he will take steps to bring banks within the provisions of the Companies Acts.

Mr. Crosland

Banking companies are already within the provisions of the Companies Acts. I assume that my hon. Friend is referring to the exemption of

U.K. EXPORTS OF EDGE TOOLS
	1964	1965	1966	1967 (January-August)
	£	£	£	£
India	…	…	…	…	4,825	11,625	5,232	778
Pakistan	…	…	…	…	172,822	163,716	17,691	2,493
Ceylon	…	…	…	…	181,095	144,701	155,164	188,457
Afghanistan	…	…	…	…	318	345	nil	67
SITC (Revised) headings E. 69511–524, 69553, 69558 and 69560 covering axes, hatchets, shovels, spades, shears and the like, planes, wood chisels and gouges, spokeshaves etc.