§ 63. Mr. Gammansasked the Chancellor of the Exchequer how much of the money paid into the Post Office Savings Bank for the six months ended 30th June, 1946, is in respect of war gratuities and postwar credits direct from Government Departments; and for what reason these payments continue to be made in this way.
§ Mr. DaltonIn this period£153 million were credited to, and£94 million withdrawn from, Services Release Benefit Accounts. The payment of Release Benefits in the form of Savings Bank deposits continues as part of the demobilisation scheme. The transactions on Release Benefit Accounts are excluded from the published figures of small savings invested in the Post Office Savings Bank.