COURT OF PROTECTION (Hansard, 2 July 1973)

§ 52. Mr. Walter Johnson
asked the Attorney-General if he will now hold an inquiry into the activities of the Court of Protection.

§ The Attorney-General
No, Sir.

§ Mr. Johnson
Is the Attorney-General aware that there are many people who have had their life savings entrusted to this so-called Court of Protection and found to their dismay that those savings have been put into War Loan stock at 3½ per cent., which has had the effect of reducing their capital by two-thirds? Surely this calls for some sort of inquiry, does it not?

§ The Attorney-General
I know that there have been some cases—I think that the hon. Gentleman has one in mind—but I do not believe that it is correct to say that it has happened in very many cases.

§ Mr. Johnson
It has.

§ The Attorney-General
If the hon. Gentleman will give me further information about other cases, I shall certainly bring it to my noble Friend's attention.

§ Mr. Joel Barnett
Does that mean that the Government are not recommending 3½. per cent. War Loan?

§ The Attorney-General
It means that there will not at present be an inquiry into the Court of Protection.