HC Deb 03 July 1952 vol 503 c49W
11. Mr. Hale

asked the President of the Board of Trade the basis on which claims arising out of the German bonds referred to in the Distribution of German Enemy Property Act will be calculated.

Mr. P. Thorneycroft

The amount for which eligible claims arising out of any of these bonds will rank for dividend will be ascertained by multiplying the capital outstanding on 3rd September, 1939, by the figure specified against that bond in the second column of the Schedule to the Distribution of German Enemy Property (No. 2) Order, 1951. This method of calculation follows the recommendation of the Advisory Committee.