§ Mr. Bruce-Gardyneasked the Chancellor of the Exchequer if he will indicate the nature of fringe benefits in lieu of divided increases, or in addition to dividend increases of 3½ per cent. or less, which companies may distribute to their shareholders without infringing the terms of the Government's prices and incomes policy.
§ Mr. DiamondThe value of all distributions to ordinary shareholders in respect of their holdings has to be taken into account by companies when observing the 3½ per cent. ceiling.