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Foreign Currency (Tuberculosis Treatment)

Volume 480: debated on Monday 6 November 1950

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asked the Chancellor of the Exchequer how many applications have been made to the Medical Advisory Committee for the release of currency in excess of the normal limit allowed by applicants wishing to go to tuberculosis sanatoria abroad for each of the years since the Board was established; and how many applications were granted.

The Exchange Control Medical Advisory Committee was set up in December, 1947. No figures are available for the period from the formation of the Committee until the end of February, 1948. The figures for subsequent periods are as follows:British gold mining companies operating in the Gold Coast.

I assume that the hon. Member refers to the question raised by the hon. Member for Chippenham (Mr. Eccles) on the Committee stage of this year's Finance Bill Debates [OFFICIAL REPORT, 20th June, 1950, Vol. 476, c. 1012/3]. My predecessor explained in a letter to the hon. Member for Chippenham that British goldmining companies operating in the Gold Coast are not treated less favourably for United Kingdom taxation purposes than British mining companies operating elsewhere.