§ 10. Mr. GINNELLasked the Secretary to the Treasury, having regard to the law requiring all insurance companies to submit to an actuarial investigation of their affairs every five years, to the Treasury Minute of February, 1891, emphasising the importance of frequent actuarial investigation of the Irish Constabulary Force Fund, and to the fact that this fund has suffered a loss of £5,000 on sale and of £75,346 on depreciation of the securities in which it is invested, if he will explain why the frequent actuarial investigation which the Treasury deemed necessary twenty-two years ago has not since been carried out; whether any other fund managed by the Treasury, and suffering loss and depreciation, is left like this uninvestigated; 1307 and, in view of the facts that 90 per cent. of the contributors to this fund, whose property it is, are dissatisfied with the present wasteful management, and that Parliament has undertaken to keep the fund solvent, whether an actuarial investigation of it will now be ordered and the actuary's Report presented to Parliament?
Mr. BENNMy right hon. Friend has asked me to answer these questions. An investigation has already been ordered; the question of presentation will be considered in due course when the Report has been made.
§ Mr. GINNELLWhen is the report expected?
Mr. BENNThe investigation is going on at the present moment, and the Report will be made without delay.