HC Deb 25 July 1946 vol 426 c36W
71. Mr. Osborne

asked the Chancellor of the Exchequer, why Messrs. J. H. Bean & Company, Limited, builders' and plumbers' merchants, Leeds and Grimsby, were refused permission to issue 4,500 shares to certain employees actively engaged in the business, on the grounds that it was against the national interest; and if he will give more flexibility to the Capital Issues Committee in dealing with such cases.

Mr. Glenvil Hall

The ban on bonus issues is only waived in exceptional circumstances, and the Treasury was not satisfied that this case was exceptional.