Securities (Transfer Deeds)

Part of Oral Answers to Questions — National Finance – in the House of Commons at on 20 October 1942.

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Photo of Captain Harry Crookshank Captain Harry Crookshank , Gainsborough

I would refer the hon. Member to my right hon. Friend's answer to the hon. Member for Colchester (Mr. Lewis) on 15th October and to the announcements in the Press on 16th October, that a new and simplified procedure in connection with transfers of securities is to be introduced as from 26th October. Under this; the use of a separate Form D will be abolished and the necessary declaration will ordinarily be printed on the back of the transfer deed. The hon. Member is, however, mistaken in stating that Form D was until recently printed on the back of transfer deeds. In fact it has been a separate document since its introduction in May, 1940.