Limitation of Dividends (Bonus Shares).

Part of Oral Answers to Questions — British Army. – in the House of Commons on 7 May 1940.

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Photo of Mr John Wilmot Mr John Wilmot , Lambeth Kennington

asked the Chancellor of the Exchequer whether, in determining the permitted rate of dividend during the war, companies will be allowed to take into account the fact that bonus shares were issued in lieu of dividend in the standard years?