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Banking Businesses (Recognition)

Volume 975: debated on Friday 7 December 1979

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asked the Chancellor of the Exchequer if he will list those companies which in each of the past three years have had recognition withdrawn as a banking business for the purposes of the taxation Acts.

[pursuant to his reply, 3 December 1979, c. 79]: Recognition as a bank for taxation purposes has been withdrawn from the following companies which on the information available to the Revenue had ceased to trade as banks.


  • Bank of Scotland Finance Co. Ltd.
  • First London Securities Ltd.
  • Raphael Robinson & Glyn.


  • Bear Securities Ltd.
  • David Samuel Trust Ltd.
  • G. R. Dawes & Co. Ltd
  • M. B. P. Russell & Co. Ltd.


  • Banque pour le Commerce Continentale.
  • Barnett Christie Ltd.
  • First Maryland Ltd.
  • Israel British Bank Ltd.
  • London & Country Securities Ltd.
  • Overseas Development Bank.
  • Samuel Montague (MBFC) Ltd.
  • William Whiteley Ltd.