§ Dr. Segalasked the Secretary of State for the Colonies what amount of the note issue of the Palestine Currency Board has been accounted for; how much still remains unaccounted for; and whether His Majesty's Government still carry any liability for its redemption.
Mr. Creech JonesNotes to the value of £12,436,000 have been redeemed since 15th May last. The total circulation on 15th November, 1948, was £47,761,000. No liability rests upon His Majesty's Government in the United Kingdom in connection with the redemption of these notes.