HC Deb 09 May 1968 vol 764 c140W
Mr. Bruce-Gardyne

asked the Chancellor of the Exchequer if he will undertake not to oppose the 20 per cent. increase in distributions by Ever Ready Trust Limited, and the 5.3 per cent. increase in distribution by Jersey External Trust Limited.

Mr. Diamond

Investment trusts treated as such under Section 37 of the Finance Act, 1965, are exempt from the dividend restraint policy.