HC Deb 16 December 1949 vol 470 c349W
Sir W. Wakefield

asked the Chancellor of the Exchequer if he is aware that people who have inadvertently bought savings certificates in excess of the 500 allowed are now being told they must dispose of the excess number; and, in view of the need for saving, if he will allow the excess, provided it is not in excess of 1,000, to be retained.

Sir S. Cripps

I am aware that the Post Office Savings Department has always enforced the regulation which limits holdings of National Savings Certificates. This regulation is of many years' standing, and I am not satisfied that there would be any increase in net savings if the limits were raised.