Mr. Johnstonasked the President of the Board of Trade whether his attention has been called to the publication of a brochure on property investment by a firm of estate agents in London offering a net return to investors of 12½per cent. with complete security and a return of the invested capital in full if and when requested; and whether he is satisfied that solicitations of this kind are caught by Clauses 12 and 13 of the Prevention of Fraud (Investments) Bill?
§ Mr. StanleyMy attention has been called to the publication referred to by the right hon. Gentleman. I am advised that circulars of this kind would be covered by Clauses 12 and 13 of the Prevention of Fraud (Investments) Bill when it becomes law.