HC Deb 15 November 1966 vol 736 c55W
60. Dr. Gray

asked the Chancellor of the Exchequer to what extent Her Majesty's Government have permitted Southern Rhodesian insurance brokers to place categories of business with Lloyd's underwriters.

Mr. MacDermot

So far as Her Majesty's Government are concerned, Rhodesian brokers can place business with Lloyd's underwriters provided that premiums are paid in convertible currency other than sterling. But remittance of funds to Rhodesia to pay claims is suspended except in respect of permitted trade with the Scheduled Territories.