§ Mr. RYHS DAVIES
asked the Minister of Health whether any approved societies during 1927 were compelled to realise assets to meet expenditure on benefit claims; and, if so, what is the approximate sum so realised?
§ Sir K. WOOD
The answer to the first question is in the affirmative. As regards the second, the amount of investments required to be realised by approved societies in England and Wales owing to heavy claims for sickness and disablement benefit and the large sums expended on additional benefits out of past surpluses is approximately £950,000.