§ Mr. AMERYasked the Chancellor of the Exchequer if the Irish and Scotch reserve values funds will be separate from the English fund; and, if so, in how many years does he estimate that each of them will be redeemed by the deduction of 1 5–9d. from weekly contributions?
Mr. McKINNON WOODThe answer to the first part of the question is in the affirmative. To the latter part I am unable to give a definite reply at present, but the actuaries are now engaged on making a calculation, and I hope to be able to communicate the result to the House shortly.
§ Mr. AMERYWill it not be a fact that, the proportion of aged people being greater in Ireland than in England, the period of redemption will be appreciably longer than in this country?
§ Mr. MITCHELL-THOMSONMay I ask the right hon. Gentleman whether he will favour the House with the actuaries' figures?