§ 57. Mr. T. JOHNSTONasked the Chancellor of the Exchequer if he will give the names of the persons who receive annuities included in the lump sums of £18,000. and £23,666 13s. 4d. referred to in the Finance Accounts for the year ending 31st March, 1922; and the sums paid to each such individual annually?
§ Mr. BALDWINAs is stated in the Finance Accounts, the sums in question are paid under the 1 Edward VII, C. 4, and 10 Edward VII, 1 Geo. V, C. 28, respectively to the trustees appointed therein for the benefit of the daughters of his late Majesty King Edward VII and His present Majesty's younger children. The Trustees are required by the Acts to hold the sums paid to them in trust for all or any one or more of the beneficiaries in such shares, at such times, in such manner and subject to such conditions as His present Majesty by order, countersigned by the two first-named trustees, may appoint.
§ Mr. JOHNSTONWill the right hon. Gentleman answer the question on the paper?
§ Mr. BALDWINI think that the answer does answer the question. The Act of Parliament sets aside the specific sum. Parliament, by that Act, waived any right to make further inquiries into the allocation of the total sum, and deliberately provided that the apportionment should be left to His Majesty's discretion.
§ Mr. JOHNSTONSupposing that members of this particular family die, does the total sum remain to be paid to the remaining members of this family?
§ Mr. BALDWINNo. If the hon. Member will look at the Act, he will see that those cases are provided for.