§ Mr. David Steelasked the Chancellor of the Exchequer if he will circulate in the OFFICIAL REPORT details of the amounts equal to unclaimed money due on Government stock managed by the Bank of England which have been paid to the National Debt Commissioners in accordance with Section 5 of the Miscellaneous Financial Provisions Act 1955.
§ Mr. HigginsFollowing is the information:
Amounts in respect of unclaimed dividends and unclaimed redemption moneys paid to the National Debt Commissioners:* Financial Year £ 1955–56 211,281 1956–57 138,179 1957–58 121,015 1958–59 123,370 1959–60 137,697 1960–61 122,933 1961–62 178,674 1962–63 189,503 1963–64 159,806 1964–65 160,465 1965–66 127,729 1966–67 145,376 1967–68 231,557 1968–69 137,720 1969–70 232,051 * Including payments in respect of Government stocks held on the National Savings Stock Register.
§ Mr. David Steelasked the Chancellor of the Exchequer if he will circulate in 137W the OFFICIAL REPORT details of any unclaimed funds on banking accounts with the Bank of England.
§ Mr. HigginsNo. Unclaimed funds on banking accounts with the Bank of England are a liabilty of the Bank. I understand that the total sum involved is very small.