§ 21. Mr. ARTHUR MICHAEL SAMUELasked the President of the Board of Trade whether he is aware that a Departmental Committee set up by the Board of Trade to advise what alterations should be made in the Assurance Companies Act, 1909, reported in 1927; and will he state when an agreed Bill to carry out the recommendations of the Departmental Committee will be ready for consideration?
§ The PRESIDENT of the BOARD of TRADE (Mr. William Graham)I am aware of the Committee's report. The hon. Member will appreciate that I cannot say when Parliamentary time will be available for the consideration of an insurance Bill, but I shall be happy to consider any agreed proposals in connection with such a. Bill which may be laid before me.
§ Mr. SAMUELWill it not be possible and indeed helpful in the meantime to circulate a draft of the Bill for the consideration of all parties concerned so that we may get towards an agreed Bill?
§ Mr. GRAHAMI think there is a draft Bill at the end of the report, which no doubt could be discussed.
§ Mr. SAMUELDoes the Board of Trade put that draft forward as their suggestion for the Bill?
§ Mr. GRAHAMNo, I cannot make that statement at the present time. Alterations may be necessary, but the Bill is there as a starting point.
§ Mr. SAMUELWill the right hon. Gentleman allow me to see him, so that I can discuss accelerating this matter with him?
§ Mr. GRAHAMYes.