§ 9. Mr. R. Bell
asked the Chancellor of the Exchequer whether he will introduce legislation to raise the maximum limit of £500 on life assurance benefits imposed on friendly societies.
§ Mr. Brooke
I explained during the Second Reading of the Friendly Societies Bill this Session why the Government were not proposing any increase in tax exemption on friendly societies or any withdrawal of their existing facilities. So far as I can remember, in the rest of the passage of the Bill, no hon. Member on either side pursued the point further.