HC Deb 10 November 1977 vol 938 cc181-2W
36. Aitken

asked the Chancellor of the Exchequer when he next expects to meet the Governor of the Bank of England.

Mr. Denzil Davies:

My right hon. Friend maintains close contact with the Governor of the Bank of England, meeting him on a regular basis and also as and when circumstances require.

37. Mr.Lipton

asked the Chancellor of the Exchequer if he will list the statutory authority on which he relies in controlling the activities of the Bank of England.

Mr. Denzil Davies:

The Bank of England Act 1946. But co-operation between the monetary authorities does not rely on statutory controls.

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