§ Mr. John Leeasked the Chancellor of the Exchequer what steps are being taken to prevent a company, details of which have been sent to him, from evading exchange control regulations by promoting the export of capital outside the sterling area through the Bahamas.
§ Mr. Roy JenkinsNone. The company concerned will operate in accordance with United Kingdom exchange control regulations, and to the extent that it invests its sterling resources in foreign currency securities, will do so through the investment currency market.