HC Deb 07 November 1978 vol 957 c131W
Mr. Sproat

asked the Chancellor of the Exchequer if he will give consideration to a system of special and individual application to the Treasury for an increase in the amount that can be taken out of the United Kingdom as settling-in allowance, by persons emigrating from the United Kingdom, who are over 55 years of age, and thus ineligible for normal mortgage arrangements in the country to which they are emigrating.

Mr. Robert Sheldon

Such a system could not be worked without disproportionate administrative cost. The permitted transfer of sterling assets upon emigration was increased to £40,000 per family unit from 27th October 1977 and, for emigration to other EEC countries, to £80,000 from 1st January 1978.

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