HC Deb 03 April 1962 vol 657 c23W
35. Mr. Weitzman

asked the Chancellor of the Exchequer by what authority provisions are set out in the application form for Premium Savings Bonds limiting the right to be included in the draw for prizes in the event of the death of the holder; and whether he will take steps to abolish such limitation.

Sir E. Boyle

By the authority of the Treasury, in exercise of its powers under Section 1 of the National Loans Act, 1939. I am considering, with my right hon. Friend the Postmaster-General, whether anything more shall be done to meet the type of case the hon. and learned Gentleman has in mind, having regard to the administrative costs and legal difficulties involved.