HC Deb 18 October 1973 vol 861 cc264-5W
Mr. Meacher

asked the Chancellor of the Exchequer by how much have dividends paid by, respectively, domestic and international firms increased since November 1972, and how many international companies partially based in Great Britain have been permitted to pay dividends above the counter-inflation formula because of requirements under their corporate constitution to match the dividend policy of linked foreign companies abroad.

Mr. Nott

Dividend control under the Counter-Inflation Act 1973 applies to all companies incorporated under the law of of any part of the United Kingdom. For the purpose of dividend control no distinction is drawn between domestic and international firms. For this reason the specific information requested in the first part of the Question is not available. The answer to the second part of the Question is "None".

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