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New Capital Issues (Stock Exchange Dealings)

Volume 393: debated on Thursday 4 November 1943

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asked the Chancellor of the Exchequer whether, in view of the fact that the Treasury in certain recent cases has granted permission for new capital to be issued but refused sanction for Stock Exchange dealings in the securities concerned whereby criticism has been aroused, he will consider reviewing this procedure?

Circumstances vary from case to case; but for the great majority of new issues made with Treasury consent, it is the practice not to object to permission to deal being granted by the Stock Exchanges.