HC Deb 25 November 1930 vol 245 c1093
62. Mr. ANNESLEY SOMERVILLE

asked the Financial Secretary to the Treasury whether he is aware that an unregistered assurance society was recently convicted at the Mansion House for offences as far back as November, 1929; and will he state what steps the Industrial Assurance Commissioner takes to prevent unregistered assurance societies continuing to transact business in contravention of the Act of 1923 for a period of more than six months, during which time the public is exploited?

Mr. PETHICK-LAWRENCE

The answer to the first part of the question is in the affirmative. With regard to the latter part, the Industrial Assurance Commissioner prosecutes as soon as he has evidence that the Act has been contravened.

Mr. SOMERVILLE

Is it not a fact that the operations of such societies bear most hardly on the poorer members of the community?

Mr. PETHICK-LAWRENCE

I think that is quite true.