§ Mr. John Mooreasked the Chancellor of the Exchequer (1) what are the basic criteria, and who examines remittances to confirm these criteria, used by the Bank of England to determine that remissions granted under the Exchange Control Act 1947 are granted to charities to send moneys overseas for an acceptable charitable purpose to a society or organisation engaged in bona fide missionary, charitable, educational or cultural work;
(2) as no centralised record of charitable remittances overseas is maintained, if he will show for the following specific charities the gross overseas payments made and approved under the Exchange Control Act 1947, for the years 1965, 1970 and 1975: Oxfam, War on Want, Freedom From Hunger, Disaster Emergency Fund and Save the Children Fund.
§ Mr. DellThe basic criteria, which have been approved by the Treasury, are that the aims and objects of the donor and/or the recipient meet the purposes mentioned in the question. The Bank of England, in conjunction with the Treasury in cases of doubt, examine remittances to ensure that they conform with the criteria, although, in the case of certain large charities who make regular payments abroad, the authority to approve remittances has been delegated within certain limits to the organisation's bankers. A comprehensive record of the total remitted by each charity is not always available, and this is true of the
PUBLIC SECTOR DEBT AND DEBT INTEREST, 1975–76 Interest on the public sector debt* apportioned on the basis of: Total public sector debt† apportioned on the basis of: Population‡ Gross domestic product§ Population‡ Gross domestic product§ £ million £ million £ million £ million Scotland … … 474 433 5,600 5,100 Wales … … 250 213 2,900 2,500 England … … 4,210 4,329 49,800 51,200 Northern Ireland … … 140 99 1,700 1,200 United Kingdom … … 5,074 5,074 60,000 60,000 * Payable in 1975–76, as estimated in the Financial Statement and Budget Report, April 1975. † Estimated nominal value at 1st April 1975. ‡ Mid-1974. § 1973.