HC Deb 09 May 1968 vol 764 cc140-1W
Captain Kerby

asked the Chancellor of the Exchequer if he is aware that an estimated £20 million per annum of immigrants' sterling savings are leaving this country for India and Pakistan, in contravention of the Exchange Control Act, which restricts sterling exports from Great Britain; and what steps he is taking to end this illegal traffic in British currency.

Mr. Harold Lever

The Exchange Control Act, 1947, does not apply to transactions between the United Kingdom and India and Pakistan since these are Scheduled Territories.