HC Deb 08 November 1979 vol 973 c278W
32. Mr. Woolmer

asked the Chancellor of the Exchequer if he intends to seek to repeal the Exchange Control Act 1947.

Sir Geoffrey Howe

For the moment, the Exchange Control Act 1947 is still needed to maintain economic sanctions against Rhodesia, though I hope not for long; and, until alternative provisions can be enacted, for certain technical purposes connected with the payment of stamp duty, I intend however to review the future of this legislation and a statement will be made in due course.