§ 52. Mr. H. WILLIAMS
asked the Minister of Labour the present debt of the Unemployment Fund, and also the present assets of the fund which have not been used for the reduction of debt?
§ The PARLIAMENTARY SECRETARY to the, MINISTRY of LABOUR (Mr. R. S. Hudson)
The funded debt of the Unemployment Fund is £105,780,000. After allowing for the accrued charge for debt services under Section 18 of the 1528 Unemployment Insurance Act, 1934, the fund has in hand a sum of approximately £7,000,000.