§ Sir CHARLES HUNTER
asked the Chancellor of the Exchequer if, under the National Insurance Bill, the members of the innumerable small dividing societies would have no option but to liquidate and join one of the approved friendly societies?
§ The CHANCELLOR of the EXCHEQUER (Mr. Lloyd George)
Societies which have not enough members to qualify singly as approved societies will be able in the great majority of cases to surmount this difficulty either by becoming affiliated to some larger organisation or by becoming federated together. A dividing society cannot administer the National Health Insurance on the dividing principle, but it can establish a separate health insurance department on the accumulative principle for the purpose of the National Health Insurance. I understand that the societies are contemplating taking this course.