| Description | Includes papers regarding the vesting of private portfolio investments; wartime vesting; replacing the 25% surrender on portfolio transactions with a levy on the total value of the portfolio (the Catherwood scheme); a tax rebate scheme to enable the investor to recoup some money (the Simon scheme); and the high dollar premium, including minutes of a meeting held between the Treasury and the Bank regarding solutions, 26th April 1968. Also includes an analysis of taking over or realising any sizeable proportion of the privately held portfolios of overseas securities; and minutes of a meeting between the Chancellor of the Exchequer, the Bank and The Association of Investment Trusts, 24th January 1968. Indexed. |