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That this House takes note of European Community Document No. 9752/91 and the Supplementary Explanatory Memorandum submitted by the Department of Social Security on 10 March 1992, relating to the management and investment of pension funds; and endorses the Government's view that the terms of the draft Directive will benefit the United Kingdom by enabling non-United Kingdom pension funds to invest in the United Kingdom and to employ the services of United Kingdom fund managers.—[Mr. Greg Knight.]
§ Question agreed to.