HC Deb 14 November 1974 vol 881 c191W
Mr. David Steel

asked the Chancellor of the Exchequer by what authority his Department directs banks to demand possession of a passport before permitting the purchase of foreign exchange.

Mr. Dell

Section 34(2) of the Exchange Control Act 1947 gives the Treasury power to give directions to bankers and authorised dealers in foreign currency, who are directed under this power to mark travellers' passports when issuing foreign currency, travellers' cheques and other travel facilities.

Forward to