HC Deb 27 February 1940 vol 357 cc1904-5W
Mr. Boothby

asked the Chancellor of the Exchequer whether any prosecutions have taken place in respect of breaches of the existing exchange regulations; whether, in fact, any serious leakages in the embargo on the export of British capital have been disclosed; and whether he is satisfied that all practical steps are being taken to prevent the transfer of sterling to foreign countries by private individuals?

Sir J. Simon

My hon. Friend will have seen in the Press particulars of a recent prosecution. The reply to the second part of the Question is in the negative. In reply to the third part of the Question, the prevention of evasion of the provisions of the Regulations is kept under constant review.