HC Deb 28 February 1973 vol 851 c1640
Mr. Maurice Macmillan

I beg to move Amendment No. 15 in page 16, line 20, at end insert 'or by a Minister'.

This is a purely consequential amendment following the passage of new Clause 1, which gives powers to the Secretary of State for Trade and Industry to control insurance premiums. It is also needed if the House is to pass, as I hope it will, Amendments Nos. 22 and 54 to enable Ministers as well as agencies to deal with the question of publication on price matters, pay matters and insurance matters. The amendment is consequential on those matters.

Mr. Bean

I greatly welcome what the Secretary of State has said. This amendment giving the Secretary of State for Trade and Industry much greater power over the insurance industry moves us closer to the day when there will be greater public control and, indeed, public ownership of the insurance industry. Therefore, I support the amendment.

Amendment agreed to.

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