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Foreign Assets (Seizure)

Volume 464: debated on Wednesday 11 May 1949

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asked the Secretary of State for Foreign Affairs whether the German authorities in the Western zones have yet enacted legislation to provide compensation in German currency for losses arising from the seizure of foreign assets for reparations; and why certain German ex-prisoners of war still find themselves unable to obtain compensation for Italian lire impounded from them on their capture in Italy.

The task of equalising burdens arising from the war and other causes has proved so complex that the German Authorities in Western Germany have, so far, been unable to do more than draw up a measure designed to relieve the most urgent cases of distress. The provision of compensation for losses arising from the seizure of foreign assets, including foreign currency, must await more comprehensive legislation on the subject which is unlikely to be ready for some time.

In view of my right hon. Friend's statement, will he say to whom people who consider that they have urgent cases should make their representations?