§ 62. Mr. Joynson-Hicksasked the Chancellor of the Exchequer whether he is now prepared to grant a currency allowance for tourists to Tangier and currency facilities to British subjects desirous of taking up residence there.
§ Mr. GaitskellI am not prepared to grant a currency allowance for tourists to Tangier. Residents of the United Kingdom and the Colonies who emigrate to Tangier, like those who emigrate to other countries outside the sterling area, with the exception of countries within the European Payments Union, are allowed to transfer £1,000 during the first four years with an additional £250 per dependent up to a maximum of four. At the end of the four years they are redesignated as residents of Tangier and may transfer their current incomes, including pensions.