HC Deb 13 November 1973 vol 864 cc138-9W
Dr. Gilbert

asked the Chancellor of the Exchequer if he will list the powers he has to enforce directions made under Section 4 of the Bank of England Act 1946.

Mr. Nott

No such powers are necessary.

Dr. Gilbert

asked the Chancellor of the Exchequer if he will issue a direction to the Bank of England under Section 4 of the Bank of England Act 1946, in the light of developments in the affairs of the Sime Darby Company, to ensure that in the future no member of the Discount Houses Association or any other financial institution falls under the control of unsuitable persons; and if he will make a statement.

Mr. Nott

No.

Dr. Gilbert

asked the Chancellor of the Exchequer if he will list the directions under Section 4 of the Bank of England Act 1946 since that Act came into force.

Mr. Nott

None.