HC Deb 05 June 1972 vol 838 cc7-8W
44. Mr. John Page

asked the Secretary of State for Trade and Industry whether he will seek to amend the Com- panies Act, 1948, and Companies (Winding-up) Rules, 1949, to ensure that all existing policy holders in insurance companies that go into liquidation are informed by letter at the earliest possible moment that they are no longer covered for insurance.

Mr. Noble

As my hon. Friend knows, there are considerable practical difficulties. However, I will consider whether some amendment of existing provisions is desirable and practicable during the course of the current review of company and insurance law.