§ 74. Mr. Maurice Macmillan
asked the Chancellor of the Exchequer how many building societies are eliminated from qualifying for trusteeship status by the terms laid down in the White Paper on House Purchase; and what proportion of the whole is represented by their assets.
It is not possible within the limits of a Parliamentary answer to deal satisfactorily with questions which arise from the regulations which will govern the qualification of building societies for trustee status, and I would ask my hon. Friend to await the discussions on the Bill.