§ Mr. Sillarsasked the Chancellor of the Exchequer what restrictions the Government have placed on the movement of capital from the United Kingdom to other countries.
§ Mr. Robert SheldonExchange control restrictions apply to movements to countries outside the Scheduled Territories of capital owned by United Kingdom residents. In broad terms, investment overseas has to be financed in ways which avoid a cost to the United Kingdom balance of payments. Only certain personal capital movements are allowed, not all of which have even limited access to official exchange.