§ 16. Sir ASSHETON POWNALLasked the Minister of Labour whether there are any substantial sums chargeable to the Unemployment Insurance Fund up to the end of March other than payment for benefit and the amount due for interest?
§ Miss BONDFIELDThe only substantial sum chargeable to the Unemployment Fund up to the end of March other than payment of benefit and the amount due for interest is about £355,000 for the cost of administration.
§ 17. Sir A. POWNALLasked the Minister of Labour what is the indebtedness of the Unemployment Insurance Fund at the latest date available; whether the interest for the half-year due in March has yet been paid; and what is its amount?
§ Miss BONDFIELDThe indebtedness of the Unemployment Fund to the Treasury on 12th March, 1930, was £37,290,000. Interest for the half-year due on 31st March, 1930, has not yet been paid. It is estimated that the interest will amount to approximately £915,000.