§ 53. Mr. SORENSENasked the Financial Secretary to the Treasury whether he is prepared to reconsider the anomaly in the Old Age Pensions Act of calculating part of the income of claimants as being 5 per cent. of the capital value of investments, whereas in fact it is generally substantially less; and whether he is aware of the injustice that this frequently imposes?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. W. S. Morrison)I would refer the hon. Member to the reply given by my right hon. Friend the Chancellor of the Exchequer on the 12th December, 1935, to a question by my hon. and gallant Friend the Member for Knutsford (Brigadier-General Makins).