§ 14. Mr. JANNER
asked the Home Secretary whether any and, if so, what steps have been taken to safeguard the moneys contributed to sharing-out clubs and similar associations, particularly in view of the approaching time for the distribution of their funds by such associations?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Duff Cooper)
I have been asked to reply. This matter has been considered on many occasions but it has not been possible to find any practicable scheme of compulsory control. I would, however, draw the hon. Member's attention to the scheme for "national savings clubs" announced to-day by the National Savings Movement. This scheme is designed to provide a sound basis of management for any kind of "share out" club and sets out simple model rules for adoption by any club which so desires.
§ Mr. JANNER
Will the hon. Member take steps to see that this information is circulated as widely as possible?