§ 66. Mr. TOUCHEasked the hon. Member for St. George's-in-the-East, as representing the Insurance Commissioners, whether any complaints have been receive 198 with regard to the wages of employés of approved societies; and, having regard to the fact that these wages are contributed as to two-ninths by moneys voted by Parliament, will the Government reconsider the view that it is beyond their province in these matters to interfere between employer and employed?
Mr. BENNAs I have previously stated, it is for societies, and not the Commission, to receive and deal with any complaints from societies' employés, and any such interference as the hon. Member suggests would not be justified under the provisions of the Act.
§ 67. Mr. DENMANasked whether deposits with substantial building societies will be approved as a form of investment of the funds of approved societies?
Mr. BENNA Committee has been appointed to advise the Commissioners as to the securities (other than those specifically authorised by the Act) which may be approved for the investment by approved societies of funds under the Act. The particular question raised by my hon. Friend is under consideration by the Committee.