Palestine (Money Transfers)

Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 2nd March 1948.

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Photo of Sir Henry Legge-Bourke Sir Henry Legge-Bourke , Isle of Ely 12:00 am, 2nd March 1948

asked the Financial Secretary to the Treasury if, in view of the blocking of Palestine's sterling balances, he is now in a position to make a further statement about the export of money raised in this country to provide arms for the Zionists in Palestine.

Photo of Mr William Hall Mr William Hall , Colne Valley

The transfer of money to non-scheduled territories requires Treasury permission. Permission to transfer money raised in this country would only be given on condition that the Treasury were satisfied that the funds would be administered by a reputable charitable organisation, and that they would be used for bona fide charitable purposes. The provision of arms would not fall within this category.