§ Sir H. d'Avigdor-Goldsmidasked the Chancellor of the Exchequer whether he will now allow registered shares to be converted into bearer form.
Mr. AmoryI think that it would be reasonable to allow a company to convert its registered shares into bearer form if it could show good reason for this, if the bearer share warrants would be of small denomination, and provided that the arrangements would be such as to ensure that capital could not be exported from this country without Treasury consent.