§ Sir B. Rhys Williamsasked the Chancellor of the Exchequer what are the types of securities presently authorised as investments for savings banks funds; and under what statute such authority is exercised.
§ Mr. Taverne:Securities-including Treasury Bills—issued or guaranteed by the British Government or the Government of Northern Ireland; as authorised by S.17 of the Post Office Savings Bank Act, 1954, and S.36 of the Trustee Savings Banks Act, 1969.