HC Deb 09 February 1956 vol 548 c212W
Mr. Shepherd

asked the President of the Board of Trade when the administrators of Bulgarian and Hungarian property propose to pay a dividend to claimants in the distribution of Bulgarian and Hungarian assets.

Mr. P. Thorneycroft

The Administrator of Bulgarian Property will start payment later this month of a first and final dividend of 8d. in the £ to applicants whose claims are established in the Distribution of Bulgarian Property. This dividend will use up the proceeds of the assets available for distribution. The claims made to the Administrator of Hungarian Property have proved to be unexpectedly numerous and complex, and it is unlikely, therefore, that the Administrator will be able to calculate his first and final dividend for two or three months.