HC Deb 09 December 1952 vol 509 c35W
110. Mr. Erroll

asked the Chancellor of the Exchequer how far his exchange control regulations permit an exporter to apply his earnings of foreign exchange to the payment of specific imports from the same country, whether made by him or another importer.

Mr. R. A. Butler

If, by foreign exchange, the hon. Member means foreign currency, then such action would require Treasury permission.