Orders of the Day — Protection of Depositors [Money]

– in the House of Commons at 12:00 am on 4 December 1962.

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[Queen's Recommendation signified.]

Considered in Committee under Standing Order No. 84 (Money Committees).

[Sir ROBERT GRIMSTON in the Chair]

Resolved,That, for the purposes of any Act of the present Session to penalise fraudulent inducements to invest on deposit, to restrict and regulate the issue of advertisements for deposits and to make special provision with respect to the accounts to be delivered by and the supervision of companies which issue such advertisements, it is expedient to authorize—

  1. (a) the payment oust of moneys provided by Parliament of any administrative expenses incurred by the Board of Trade in consequence of the provisions of that Act; and
  2. (b) the payment into the Exchequer of fees paid to the Registrar of Companies under that Act.—[Mr. Erroll.)

Resolution to be reported.

Report to be received Tomorrow.